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Big Tech's reported other income exceeds $160 billion amid AI investment gains

Big Tech reported more than $160 billion in second-quarter "other income," according to the Financial Times, with gains driven by investments in AI companies. Analysts said paper windfalls tied to stakes in OpenAI, Anthropic and SpaceX have muddied the sector's earnings metrics and raised concern that those gains could overstate the AI boom.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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