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Ai infrastructure is booming—learn how energy demands, capex risks, and tech concentration are altering the investment landscape, and market valuations. Chris ratcliffe/bloomberg by ryan vlastelica and felice maranz december 9, 2025 at 2:46. Google, microsoft, meta and amazon all raised their forecasts for capital expenditures in their earnings reports this week

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Their announcements show that the hefty spending on artificial. Apple’s slow ai pace becomes a strength as market grows weary of spending apple intelligence photographer Four of the tech industry’s wealthiest companies made it clear this week that their spending on artificial intelligence was not about to slow down.

Big tech's ai gold rush isn't slowing down— it's getting more expensive