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Big Tech spent $120 billion on AI infrastructure in Q1 2026 — and the market responded with record valuations. The era of disciplined AI scaling has begun. .
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Alphabet’s AI spending convinced investors in Q1 2026, while Meta’s similar capex hike didn’t. The market sent a clear signal on April 30, 2026. Here’s why it matters.
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Meta lost $3.8 billion in Reality Labs in Q1 2026 while AI spending climbs. The AR/VR bet shows no path to profitability. Details here.
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Meta spent $27 billion on AI infrastructure in 2025 alone, with more coming in Q1 2026. Investors are watching for returns. The pressure is on. A lot rides on this earnings cycle.
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Amazon, Alphabet, Meta, and Microsoft face OpenAI-driven scrutiny in Q1 2026 earnings. Investors demand clarity on AI spending returns. April 29, 2026.
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