Money to burn? Big Tech’s AI splurge is blowing out
- Posted on July 23, 2026
- By The Sydney Morning Herald
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- 1 min read
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Money to burn? Big Tech’s AI splurge is blowing out
The market reaction to the results of Google’s parent Alphabet and Elon Musk’s Tesla suggest that investors are becoming increasingly wary of the tech giants’ ballooning spending on AI.