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HomeNewsOpinionIn the AI boom, not all capex is created equal

In the AI boom, not all capex is created equal

Financial Times   •
©The Financial Times Limited 2020 Oct 31, 2025 / 12:27 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.

There are big differences in the level of risk and likely returns of Big Tech’s spending 

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