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Google and Tesla shares plunge as AI spending rattles markets - BBC

As major tech companies race to capitalize on a new wave of AI technology, investors wonder when financial benefits will appear.

The Chairman's DailyThursday, July 23, 20262 min read
Google and Tesla shares plunge as AI spending rattles markets - BBC

Anat Ashkanazi, Google's chief financial officer, noted on a call with financial analysts that the company had recorded negative free cash flow due to growing capital expenditures, essentially all of… [+34 chars]

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