By Gerrit De Vynck and Naomi Nix, washingtonpost.com, 4-25-24
The biggest tech companies in the world have spent billions of dollars on the artificial intelligence revolution. Now, they’re planning to spend tens of billions more, pushing up demand for computer chips and potentially adding new strain to the U.S. electrical grid.
In quarterly earnings calls this week, Google, Microsoft, and Meta all underlined just how big their investments in AI are this year – in the $10 billion to $14 billion range.
Overall, the investments in AI represent one of the largest infusions of cash in a specific technology in Silicon Valley history. » Read More