AXIOS July 22, 2025
The artificial intelligence industry is getting nothing but green lights in all directions — now it needs to deliver on its promises.
The big picture: AI makers are getting everything they have ever asked for or could possibly want.
1. No limits: More money, energy and resources are flowing into the technology’s development than any other industry has ever received in such a concentrated time span.
- Four companies — Alphabet/Google, Microsoft, Meta and Amazon — expect to spend more than $300 billion this year on AI, while private investors and governments pour hundreds of billions more into AI infrastructure.
- Public and private projects are rushing to supply the vast energy inputs AI development and use requires.
- A Pittsburgh summit...
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