Three of the largest US tech giants – Microsoft, Meta, and investors sent a blunt letter when they reported quarterly earnings on Wednesday: Spending their burning money on AI infrastructure has just begun.
Meta said its capital spending is between $70 billion and $72 billion this year, down from a previous forecast of $66 billion. The following year, the main manager of the meta Investment of the Social Media Giant’s Sukwining is similar to its income: Meta reported that it grew by $ 51.24 billion in the last quarter, the highest for 26 years.
CEO Zark Zuckerberg said the company will continue to pour money into infrastructure to meet the demand for AI and prepare for the technology’s biggest breakthrough. “There’s a time frame where people think we’re going to get superintelligence,” Zuckerberg said on a conference call with analysts. “I think it’s the right strategy to get the previous property load, so that way we can prepare the most optimistic cases.”
Meta has gone on a hiring spree for AI talent in recent months, offering some researchers compensation packages worth hundreds of millions of dollars. The company also cut 600 jobs last week in what it said was an effort to streamline its AI teams. Meta has restructured its AI teams several times over the past eight months.
Meta assured investors that its AI currency was already reaping the rewards of the company, but did not share any other details. Meta said AI was benefiting the company’s corporate ads and the company’s original product lines, and predicted it would move those divisions to greater heights in the future.
Google’s parent company, Alphabet, said it expects its 2025 operating expenses to be between $91 billion and $93 billion. At the beginning of the year, the letters estimated that the number would be $ 75 billion. Like At Meta, Income Growth Is Compared To Income Growth. The tech giant said it earned a record $102.3 billion in the third quarter, up 33 percent from a year ago.
Most of Alphabet’s spending money will likely be invested in data centers and other forms of intelligence. Google said it received 15.15 billion in revenue from the third Cloud Business, an increase of 35 percent from the same period in 2024. Gemini, a General Purpose Ai App, now has 750 million users in the last quarter. (By comparison, Open CEO Sam Altman recently said ChatGt has 800 million users.)
Microsoft reported $77 billion in revenue for the quarter ended September 30, up 18 percent from a year ago. Its business revenue has increased 26 years over the years. Its capital expenditure was $34.9 billion this quarter, with most of the investment going to AI infrastructure. This number is almost $5 billion as previously predicted, and a 74 percent jump from the same quarter last year.
