JL
Julia Love and Spencer Soper
· 1 min read
World NewsBloomberg: Technology
Big Tech’s $750 Billion AI Bet Collides With Slowing Core Growth
The core businesses of America’s technology giants — the advertising, consumer and retail machines propping up a collective $750 billion in AI spending this year — are starting to show signs of slowing. In some cases, they’re being cannibalized by the very technology the firms are betting the house on.
Original source
This story was published by Bloomberg: Technology and written by Julia Love and Spencer Soper. SyncAI.news shows a preview; the complete article is on the publisher's site.
Read the full story on bloomberg.com
