AI spending

For more than a decade after the Global Financial Crisis, hyperscalers – such as Alphabet Inc. (NASDAQ:GOOGL), Meta Platforms Inc. (NASDAQ:META), Microsoft Corp. (NYSE:MSFT) and Amazon.com Inc. (NASDAQ:AMZN) – perfected the asset-light model. Cash piled up. Margins expanded. And excess capital...

After Palo Alto Networks Inc.’s (NASDAQ:PANW) management expressed its opinions about being open to using more affordable, open-source artificial intelligence models, this analyst has warned that the demand for AI hardware could be a larger problem going ahead. What Happened: Palo Alto’...