Tech Giants Spend Billions on AI Startups—And Get Just as Much Back

Microsoft, Amazon, and Google invest in AI startups

High cloud service costs cut into profits

Expectations of higher returns unmet

Microsoft benefits from Anthropic

Amazon gains from OpenAI

Google invests in AI, but returns are modest

AI startups use tech giants' cloud services

Cloud services a significant revenue source

Tech giants seek growth in AI

Investment strategies under scrutiny