Much of the money is going to new data centers, which are predicted to place huge demands on the U.S. power grid.
https://www.washingtonpost.com/technology/2024/04/25/microsoft-google-ai-investment-profit-facebook-meta/?utm_source=dlvr.it&utm_medium=blogger
https://www.washingtonpost.com/technology/2024/04/25/microsoft-google-ai-investment-profit-facebook-meta/?utm_source=dlvr.it&utm_medium=blogger