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Big Tech will burn $700 billion on AI by the end of 2026 — and one NYU professor says it's the biggest waste of money

Source: Yahoo Finance — Top·May 2nd, 2026 10:35 PM

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Big Tech will burn $700 billion on AI by the end of 2026 — and one NYU professor says it's the biggest waste of money

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📎More like this

Why Big Tech&#39;s $700 billion AI splurge is misleading

I&#39;m a tech founder who spent years in big cities. Living in Prague helps me focus and avoid FOMO.

Artificial Intelligence: Tech giants dominating AI market are 'too big to fail'

Bitcoin bounces as big tech earnings fuel optimism; short-term pressures remain

I&#39;m a Big Tech executive with ADHD and anxiety. Neurodivergence has its downsides, but I&#39;ve turned my habits into strengths.

The Clock Is Ticking for Big Tech to Make AI Pay

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Ask the AI

Why Big Tech's $700 billion AI splurge is misleading

I'm a tech founder who spent years in big cities. Living in Prague helps me focus and avoid FOMO.

I'm a Big Tech executive with ADHD and anxiety. Neurodivergence has its downsides, but I've turned my habits into strengths.