One company spent $50 billion on AI infrastructure in three months. Three months! That’s almost as much as *all* US clean energy projects announced this year, including wind, solar, batteries, EVs, heat pumps… and many of those projects may not even get built
Google shares tumble 11% after $51bn AI outlay deepens cash burn
Search giant admits its ‘AI mode’ has hurt traditional search as sales and profits undershoot expectations
ft.com