Bill GrossMary Hurlbut/Stu News Laguna Tech giants spending big on AI will have wasted money if they end up as also-rans, Bill Gross said. The billionaire "Bond King" told BI these companies were at risk of frittering away enormous sums. Microsoft, Amazon, and other tech stocks have surged on AI hopes but could disappoint, he said. US tech titans are spending huge sums to win the AI race — and the ones that lose could see their stock prices take a hit, "Bond King" Bill Gross has warned. The billi ...