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Big Tech's AI Spending Rattles Markets

E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock price fall on concerns over high AI investment costs.

OpenAI Says To Host Some Customers' Data In Europe

ChatGPT developer OpenAI said Thursday that it would allow some European customers to store and process data from conversations with its chatbots within the European Union, rather than on its infrastructure in the United States or elsewhere.

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