Big Tech is cashing in on AI while the rest of corporate America sees no financial returns — report outlines how rising token costs threaten to squeeze corporate profit margins

Apollo data shows the Magnificent Seven widening their revenue-per-employee lead over the S&P 493 between 2019 and 2026, highlighting the growing productivity gap between Big Tech and the broader market.

AI spending is generating revenue for technology providers, but most other S&P 500 companies have yet to show comparable gains in productivity or profit margins, a report by Apollo’s Daily Spark analysis has shown.

The data center cooling state of play

The custom AI ASIC state of play

America’s AI chip rules keep changing — and the rest of the world is paying the price

GTC 2026: Ian Buck press Q&A transcript — VP of Hyperscale and HPC speaks out on shelving CPX and shipping LPU decode this year

Demand for data center CPUs has surged, and AI agents are responsible

Artificial intelligence has helped fuel a boom in technology…