AI Business Aug 1, 2026
Meta Q2 2026: $60.8 Billion Revenue But Free Cash Flow Plunges 91% Amid Record AI Spending
Meta posted $60.8 billion in Q2 2026 revenue but free cash flow fell 91% year-over-year amid record AI capex. The company also launched cut-price Muse Spark 1.1. The results highlight the financial strain of the AI infrastructure race.
AI Business Jul 29, 2026
Google's AI Spending Projections Surge to $205 Billion, Rattling Wall Street
Alphabet revealed AI infrastructure spending projections reaching $205 billion, significantly exceeding analyst expectations. The massive expenditure sent Google shares down 6% as investors questioned the return on investment timeline.
AI Business Jun 10, 2026
‘AI-pilled’ firms spend $7,500 per employee each month on AI
The Ramp AI Index finds the top 1% of AI-obsessed firms spend roughly $7,500 per employee per month on AI — less than the $16,000 monthly cost of an average software engineer, for now.