Alphabet, Apple, Amazon, Microsoft, and Facebook collectively spent $80B in the last year on physical assets, including specialized manufacturing equipment (Shira Ovide/Bloomberg)

Shira Ovide / Bloomberg:
Alphabet, Apple, Amazon, Microsoft, and Facebook collectively spent $80B in the last year on physical assets, including specialized manufacturing equipment  —  Companies that deal in data are some of America's biggest buyers of equipment.  —  General Motors Co. and Google couldn't be more different.

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