Big Tech’s big AI spending figures revealed – More layoffs expected

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World News 9 min ago This is an AI assisted summary. Big Tech firms are spending like never before on artificial intelligence (AI), and the bills just keep getting bigger. Amazon, Google, Meta, Microsoft, and even Apple released their quarterly spending reports, and the numbers are staggering. The AI spending that has cost lakhs of jobs isn’t easing up anytime soon. In fact, it’s set to surge even higher in 2026, Business Insider reports. Swipe up for next shorts 2 / 50 Changes proposed in CPI housing index to remove distortions: Economists Economy 16 min ago This is an AI…