AI build-out hits snag as Google and Microsoft put off raising capex forecasts

Source: press CNBC•

AI build-out hits snag as Google and Microsoft put off raising capex forecasts

Sundar Pichai, CEO, Google and Satya Nadella, CEO of Microsoft. The past few quarters of hyperscaler earnings have been marked by ever-increasing capital expenditure forecasts as tech giants race to build out artificial intelligence infrastructure to meet what they describe as insatiable demand.

Sundar Pichai, CEO, Google and Satya Nadella, CEO of Microsoft.

The past few quarters of hyperscaler earnings have been marked by ever-increasing capital expenditure forecasts as tech giants race to build out artificial intelligence infrastructure to meet what they describe as insatiable demand.

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