The three tech giants from the United States (Meta, Google, and Microsoft) reported their quarterly results with historic profits and a key takeaway. Meta, Google, and Microsoft are accelerating the race to dominate artificial intelligence. The trend confirms that the competition to dominate the sector is far from slowing down.
According to Wired, the companies showed a common strategy: Invest aggressively in data centers, advanced chips, and AI tools to sustain market growth, even in the face of warnings about a possible "speculative boom" in the industry.
Meta increases its spending and seeks new advances in superintelligence
The company led by Mark Zuckerberg announced that its infrastructure investment will reach between 70 and 72 billion dollars in 2025. The goal is to expand its capacity for AI model development and meet the growing demand on its platforms.
Meta reported revenues of 51.24 billion dollars in the last quarter, a 26% year-over-year increase. According to Zuckerberg, the priority is to "anticipate the most optimistic superintelligence scenarios".
Google bets on the cloud and strengthens its Gemini ecosystem
Alphabet, Google’s parent company, raised its spending projections from 75 to 93 billion dollars for next year. This was driven by the success of its Google Cloud division, which grew 35% year-over-year. The company posted record revenues of 102.3 billion dollars in the third quarter.
