Meta and Microsoft's AI spending: a tale of two earnings reports

Microsoft CEO Satya Nadella Sven Hoppe/picture alliance via Getty Images This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here. Meta's message to investors: The AI spending will continue until returns improve. Investors' response: No thank

Microsoft saw strong growth over the last quarter as demand for its AI products continued to climb, while Meta’s rising spending on AI overshadowed record sales and sent its shares lower. The two US tech giants reported quarterly results after the closing bell on Wednesday, offering investors a clear picture of whether

Investors are looking to see if Microsoft follows Alphabet in raising its capital spending plans

Microsoft is spending a record $190 billion on AI infrastructure this year, yet it is still short on computing capacity. A Business Insider report says the company is now evaluating Amazon and Google for extra cloud capacity, after Amazon helped during GitHub outages. Inside Microsoft, CFO Amy Hood's compute pecking or

Big Tech’s binge is draining free cash flow — and the bond markets are taking notice.