Alphabet, Amazon and Meta Shed Nearly $900B as AI Spending Draws Scrutiny

Alphabet, Amazon and Meta have lost nearly $900 billion in combined market value as investor concerns over returns from heavy AI infrastructure spending grow across the technology sector. Alphabet's capital-expenditure guidance reaches as much as $205 billion, while Amazon's spending is about $220 billion. Those figures show the scale of investment investors are weighing as they question whether AI infrastructure can produce sufficient financial returns. The reassessment could influence technology investment plans, AI valuations and future funding. Anthropic's year-end valuation is being tracked in prediction markets, carrying the debate beyond publicly traded technology firms.

Source: TokenPost