U.S. tech giants make big bets on AI bubbles: Bloomberg

NEW YORK, Dec. 12 (Xinhua) -- U.S. tech giants have been spending tens of billions of dollars per quarter to beef up the computing power needed to develop and run artificial intelligence (AI) systems in the two years since ChatGPT burst onto the scene, making AI dominate investor consciousness more than any other technological breakthrough in the past two decades, reported Bloomberg News on Thursday.

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