

Well, they clearly have too much money
They may have a lot of money, but they definitely don’t have anything close to a reasonable return on investment. I believe the total revenues from “AI services” are sub $50 billion per year compared to at least x20 times capex and likely a very high amount of opex (hundreds of billion) per year.
Trying do a URL lookup at archive.fo. For Wired there is very likely an archived copy.