Business

Tech Giants Delay AI Investment Plans

Updated 2026-10-29 11:50 UTC 1 source Negative

Google and Microsoft have postponed raising their capital expenditure forecasts for AI projects. This development adds to concerns about the escalating costs of AI build-out efforts.

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CNBC

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

Microsoft and Alphabet both reported capital expenditures that fell short of estimates, adding to concern over the cost of the AI build-out.

2026-10-29 11:43 UTC