Meta and Alphabet CEOs recognize the necessity of significant AI investments for competitiveness, prioritizing overpotential overinvestment risks for future advancements and operational efficiency.
Despite the lack of immediate returns, investors are becoming restless, fearing an AI tech bubble, evident through market losses and the Nasdaq's downturn.
Metastated an estimated $35 billion investment in AI, emphasizing the importance of building capacity ahead ofrequirement to ensure future readiness.
Alphabet CEO asserts the criticality of AI investments for long-term benefits, balancing the risks of underinvestment over overinvestment.
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