Even as tariffs loom, Big Tech companies still plan to splash tons of money on AI infrastructure. But the return they're getting on these moonshot investments should give you pause. In numbers, Microsoft, Meta, Google, and Amazon combined will spend more than $270 billion in capital expenditures to build AI data centers in 2025 alone, according to a Citigroup estimate cited by The Wall Street Journal in a report. If we use Amazon as a case study, just a fraction of that centibillion sum will return revenue. John Blackledge, a tech analyst at TD Cowen, told the WSJ that the […]