Google and Tesla shares plunge as AI spending rattles markets

Google and Tesla shares have experienced a significant decline in value due to concerns over the financial impact of increased spending on artificial intelligence. Investors are growing uneasy as major tech companies continue to invest heavily in AI technology, seeking clarity on when these investments will yield tangible financial benefits. The uncertainty surrounding AI spending has rattled markets, leading to a downturn in tech stocks. Major tech companies are under pressure to demonstrate the financial viability of their AI investments.

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