Since companies began vying for AI dominance three and a half years ago, the cumulative capital investments by the four largest hyperscale cloud service providers have exceeded $1 trillion. U.S. tech giants are fully betting on artificial intelligence as the core of their future development. According to the financial reports disclosed by the four companies in the past two weeks, from the rise of the AI industry boom in 2023 to the end of June this year, the combined capital expenditures of Google, Amazon, Microsoft, and Meta reached $1.1 trillion.
