STORY: :: Central California / July 30, 2026:: AI is costing billions and Wall Street expects returns:: Stephen Nellis, Technology Correspondent"The big takeaway from a spate of big tech earnings this week is that AI costs a lot of money to build, but what Wall Street really cares about is whether you have a credible plan in place to make money off of AI once you've built it.""Microsoft and Meta both talked about spending a lot of money to build up data centers to deliver AI, but one stock, Meta, got punished while another stock, Microsoft, got rewarded. I think what you have to understand is that there's a huge difference in how these companies want to go after AI.""Meta is looking at weaving AI into all of its existing products that people know about, like Instagram, etc.""Microsoft has a bit of a different approach where what they're pitching is saying, hey, what we plan to make money on is that part of helping the business figure out how to apply AI to the data inside their busines...
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