Alphabet's cash burn raises alarm for Big Tech as AI spending climbs reut.rs/4bJ

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🔊 Tech stocks keep climbing, with the Nasdaq hitting another record as the AI boom powers on. Find out what’s keeping Wall Street moving higher on today’s Reuters Morning Bid

Google continues to report big quarterly revenue, but its AI spending has skyrocketed.

Google is spending more money than it’s making while facing competitive pressures from Chinese AI tools, as well as pricing pressure to keep the cost of its models low. These