Tech leaders boost AI spending, but Alphabet's cash flow wins investor favor


A logo of Meta sits outside the Meta House on the opening day of the 55th annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 20, 2025. REUTERS/Yves Herman

(Reuters) -Four of the biggest U.S. technology companies flagged plans this week to accelerate capital spending over the next year but investors were most accepting of Google-parent Alphabet's ability to fund its plans from its cash flow.

Alphabet, Microsoft, Facebook-owner Meta and Amazon all announced plans for higher annual capital expenditures as they pour money into chips and data centers.

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