Amazon, Meta, Microsoft, and Google are gambling $320 billion on AI infrastructure. The payoff isn't there yet
When Sriram Krishnan, a senior White House policy advisor on artificial intelligence, appeared onstage at an event in Washington last month, he listed the Trump administration's priorities for advancing the AI revolution.At the top of the list? More construction."Let's make sure we build our infrastructure," Krishnan said. "'Build, baby, build' is what we tell people." That rallying cry is echoing across Silicon Valley. Executives at Meta say they expect to spend $600 billion on AI infrastructure, includin ...