AI sore big tech cos' artificial splurge eats into stock buybacks
- Posted on February 21, 2026
- By Business News Today
- 3 Views
AI sore big tech cos' artificial splurge eats into stock buybacks
In a bold pivot towards the future, major tech giants are pulling back on stock buybacks to invest heavily in artificial intelligence. Their focus on developing advanced AI capabilities, rather than returning cash to shareholders, indicates a strategic shift that could reshape the industry landscape.