Tag: Microsoft
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Goldman has an ‘AI hype vs reality AI warning’ for Microsoft, Google and Facebook – Journal Global Web
Author: BLOGGER Published Date: 11/07/2024
Goldman Sachs has upraised concerns most the large outlay on staged info (AI) by the US school giants, according to a inform by Bloomberg. The inform cites strategists at nihilist Sachs, who analyzed outlay by “hyperscalers” same Amazon, Meta, Microsoft, and Alphabet. These companies hit together spent a whopping $357 1000000000 on top disbursal (capex) and investigate and utilization (R&D) in the time year.A “significant portion” of this spending, according to the strategists, is directed towards AI, representing nearly a lodge of the S&P 500’s amount capex and R&D expenditure.Goldman Sachs’ advance strategist, Ryan Hammond, warns in a state that …