AI’s finally expensive enough to make Wall Street nervous

Organization: Elizabeth Lopatto

Location: Global

Source: Elizabeth Lopatto

Working hard, or bear-ly working? | Image: Cath Virginia / The Verge, Getty Images It’s earnings season, and investors got an unpleasant surprise from Google: an increase on its spending estimate , to as much as $205 billion – from the last quarter’s projection of up to $190 billion. Even the lower end of Google’s new projected range – $195 billion – is much more than the company had previously forecast as its top end spending. Now, look, I recognize that there’s an impulse to say things like…


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