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  "path": "/content/b3dfaba9-17a2-4fac-90fe-4ab3ca7c9494",
  "publishedAt": "2026-05-08T04:00:14.000Z",
  "site": "https://www.ft.com",
  "textContent": "Silicon Valley giants have transformed from asset-light cash machines to huge infrastructure investors",
  "title": "Big Tech’s $725bn AI spending spree sends free cash flow to a decade low"
}