Big Tech to report earnings under specter of AI bubble

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As America’s tech titans report earnings this week, one question looms large: is the artificial intelligence boom that has inflated valuations headed for the next big bubble?

Microsoft, Alphabet, Amazon and Meta are poised to report that revenue rose at a brisk pace in the July-September quarter, according to LSEG data. The companies themselves are likely to say they will continue to pour billions into AI because it holds promise in the long term.

But business leaders including OpenAI CEO Sam Altman, Amazon.com founder Jeff Bezos and Goldman Sachs CEO…



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Big Tech to report earnings under specter of AI bubble



As America’s tech titans report earnings this week, one question looms large: is the artificial intelligence boom that has inflated valuations headed for the next big bubble?

Microsoft, Alphabet, Amazon and Meta are poised to report that revenue rose at a brisk pace in the July-September quarter, according to LSEG data. The companies themselves are likely to say they will continue to pour billions into AI because it holds promise in the long term.

But business leaders including OpenAI CEO Sam Altman, Amazon.com founder Jeff Bezos and Goldman Sachs CEO…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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