Otavio (Tavi) Costa on LinkedIn: In an unprecedented shift, AI and other technological advancements now…
In an unprecedented shift, AI and other technological advancements now require more capital investment than sectors traditionally associated with natural…

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"In an unprecedented shift, AI and other technological advancements now require more capital investment than sectors traditionally associated with natural resources.

To be precise:

The S&P 500 tech companies, including Amazon and Alphabet, collectively allocate a higher annual capital expenditure than the combined spending of the energy and materials sectors."