Tesla stock closed down 14.52% and Alphabet closed down 6.89% after they signaled increased AI spending, amid worries about the mounting costs of the AI boom (Arjun Kharpal/CNBC)

Arjun Kharpal / CNBC:
Tesla stock closed down 14.52% and Alphabet closed down 6.89% after they signaled increased AI spending, amid worries about the mounting costs of the AI boom  —  Shares of Alphabet and Tesla fell on Thursday after both companies signaled increased AI spending, unnerving investors worried …

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