#tech-giants

#tech-giants

"Regulation is going to have to be self-regulation," said Sir Martin Sorrell, founder and executive chairman of S4 Capital, this week at the Fortune Global Forum in Riyadh. "The cat is out of the bag. We've missed the Oppenheimer moment. Many people compare it to the control of nuclear weapons."

To use a yardstick for comparison, Meta says it will spend $70 billion in 2025 alone. Microsoft says it will spend $80 billion. Amazon ( NASDAQ: AMZN) says it will spend $100 billion. So, just this year, these three companies will "burn through" $250 billion. And, almost every expert in AI data center costs believes that the number will go up each year in the foreseeable future. That will put total investment in the next few years into the trillions of dollars.

Amazon is taking significant steps to strengthen its position in the AI sector by increasing investments in Anthropic to integrate Claude Opus 4 AI into its platforms. This strategy aims to enhance AWS and retail experiences, marking Amazon as a formidable competitor in the AI landscape, competing directly with major players like Microsoft and Google.

The US Department of Justice assured tech giants like Google, Apple, and Amazon that they would not face legal repercussions for their dealings with TikTok.

"Despite the threats, the EU has pressed ahead with enforcement of its digital antitrust rules, with recent fines against Apple Inc. and Meta Platforms Inc. of 500 million and 200 million respectively."

Tech giants have chosen to remain silent about Trump during earnings calls, despite significant impacts from his tariff policies on their business strategies.