swetha ramachandran is fund manager at artemis investment management.ense year? certainly we are all inaudible investment shows no sign of letting up. the big spenders will be spending anywhere between 250 billions to $300 billion between them end a i spend, in capital spending. that is likely to be a reason for this intensity to generate these large language models that will win the day. to what extent do _ that will win the day. to what extent do you _ that will win the day. to what extent do you think— that will win the day. to what extent do you think there - that will win the day. to what extent do you think there is l extent do you think there is concerned that companies have overspent on al in the past few years? overspent on al in the past few ears? , , ., years? definitely an emerging concern the _ years? definitely an emerging concern the market _ years? definitely an emerging concern the market seems - concern the market seems focused on. the companies, at the same time as they have out spending have seen huge leaps in cash flows because marg

for more, i spoke to swetha ramachandran from artemis investment management and began by asking her what'sad mr zuckerberg is talking about. certainly, the warfor ai investment shows no signs of letting up. it's estimated that the big four hyperscalers, meta, amazon, google, microsoft, will be spending anywhere between 250 billion to 300 billion dollars between them in al spend, in capital spending, and so that is likely to be one of the reasons for this intensity, to generate these large language models that are going to win the day by each of them. to what extent do you think there is concern that companies, meta included, have overspent on al in the past few years? so, that's definitely an emerging concern that the market seems to be focused on. the companies, at the same time that they have upped their spending, have also seen a huge leap in the cash flow they are able to generate, simply because their margins have gone up and that has allowed them to fund this increased spending, it's not that the increased spending is coming necessarily at the expense of shareholders or at the expens

for more i spoke to swetha ramachandran from artemis investment management and began by asking her what'sead mr zuckerberg is talking about. certainly, the warfor ai investment shows no signs of letting up. it is estimated that the big four hyper scalars, meta, google, microsoft, will be spending anywhere between 250 billion between them in al capital spending so that is likely to be one of the reasons for this intensity, to generate these large language models that are going to win the day by each of them. to what extent do you — win the day by each of them. to what extent do you think— win the day by each of them. to what extent do you think there _ win the day by each of them. to what extent do you think there is - win the day by each of them. to what extent do you think there is concern l extent do you think there is concern that companies, meta included, have overspent on al in the past few years? overspent on al in the past few ears? ,, ., ., overspent on al in the past few ears? ., , ., years? so, that is an emerging concern that _ years? so, that is an emerging concern that the _