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$700 billion AI gambit: tech giants reshape global economy

America's largest technology companies are preparing to invest a staggering $700 billion in artificial intelligence infrastructure by 2026, according to new data reported in United States media. The five leading firms in the sector — Amazon, Google, Microsoft, Meta, and Oracle — are driving this unprecedented financial commitment, signaling a major shift in the global economy. This massive investment comes as much of the world continues to grapple with inflation and geopolitical instability, highlighting the determination of these companies to reshape the technological landscape. The move is expected to accelerate innovation and competition, with far-reaching implications for industries worldwide.

Original article source: https://www.ynetnews.com/tech-and-digital/article/hkrjykpvwe
Source Id: 9080385251

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