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Cracks are emerging in the AI spending boom

As the fourth quarter nears, investor confidence in AI infrastructure spending is shaking. Major players like Alphabet, Amazon, Meta, and Microsoft are set to invest over $740 billion, but cash flow concerns are stifling earlier enthusiasm....

TechCrunch· Nov 1, 2026 · 10:50 AM · 4 views

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As the fourth quarter nears, investor confidence in AI infrastructure spending is shaking. Major players like Alphabet, Amazon, Meta, and Microsoft are set to invest over $740 billion, but cash flow concerns are stifling earlier enthusiasm. With Alphabet reporting a $9.1 billion negative free cash flow and Amazon facing a $42.4 billion deficit, the future of AI investment looks uncertain.

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