Tech Giants' AI Arms Race: Microsoft and Meta Lead

By Athena Xu

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4/25, 18:16 EDT

Meta Platforms, Inc.

Microsoft Corporation

Nasdaq futures are slightly down from overnight highs, with Microsoft's positive outlook potentially boosting Asian tech on Friday.
Microsoft and Meta are heavily investing in AI, with Microsoft expecting significant capex growth and Meta planning to spend $35-40 billion on AI. This trend is shaping AI development into a competitive game dominated by tech giants.