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Event Brief

AI spending hits record levels with no end in sight

AI spending has reached a record level, with no clear slowdown.
WHO: Wealthiest companies
WHAT: AI spending set a record as only the wealthiest companies lead the race
WHEN: Apr 29, 2026 at 8:13 PM ET
WHERE: Location not specified
WHY: No specific cause was reported.
How this story developed (showing 2 of 2 earlier reports)
Sources (1): Straits Times

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