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Major Tech Firms Reported to Spend Unprecedented US$660B on AI This Yr
09 Feb 2026 14:00
Major tech companies are scrambling to raise funds this year to address developments in the AI sector, with an estimated over US$660 billion to be invested in chips and data centers, according to the Financial Times.

The unprecedented infrastructure will compel major tech firms to reduce capital returns, potentially utilize cash reserves, or even tap into bond and stock markets to raise funds, analysts said.
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