#cryptnews 🌎
AI Boom: Trillions Down the Drain 🔥
Global tech giants are in the red, having splashed out $1.4 trillion on AI development: Amazon is down $291 billion, Google – $262 billion, Microsoft – $235 billion, Meta – $227 billion.
#Aİ And despite the hole of trillions, the American tech sector has still surged by 42% over the last 2 months – the strongest two-month gain in 24 years.
#CGPT Investments in the "future" aren't cheap these days. But Nvidia has already raked in $253 billion, selling everyone the "shovels" for the AI gold rush 😎