A.I. Spending Sets a Record, With No End in Sight

For the past two years, Amazon, Google, Microsoft and Meta have repeatedly set records for how much they are spending on artificial intelligence.On Wednesday, the four giants did it again.In the first three months of the year, the four companies reported in their financial results, they plowed a total of $130.65 billion into capital expenditures, largely spending on data centers that power A.I. That figure —…