Amazon, Meta, Google and Microsoft’s ‘AI problem’ reaches China as two biggest Chinese technology companies lose $66 billion in less than a day |
FILE (AP Photo/Mark Schiefelbein, File) It seems investors’ anxiety about the rise in capital expenditure of companies to fuel their artificial intelligence (AI) infrastructure and strategy has reached China as well. In the past few months, some of America’s biggest technology companies including Amazon, Meta, Google and Microsoft have seen billions wiped out from their…
