1 hyperscaler megacap down, 3 to go. Alphabet raises the stakes on AI spending

Alphabet raised the stakes on AI spending, with capital expenditure trends becoming the top focus ahead of Big Tech earnings, according to CNBC Club portfolio director Jeff Marks. The hyperscaler megacap is one of four major players increasing AI investment.

1 hyperscaler megacap down, 3 to go. Alphabet raises the stakes on AI spending Source: CNBC Technology https://www.cnbc.com/technology/ "Capex trends are going to be the number one focus," Club portfolio director Jeff Marks said Friday ahead of next week's Big Tech earnings. Get AI news in your inbox Daily digest of what matters in AI.