Tech companies claimed the top five spots in the U.S. for research and development spending again last year, investing a combined total of $76 billion. Amazon was at the top of the list, spending $22.6 billion in 2017, 41% more than in 2016, according to Recode.
Amazon is followed in R&D spending by Alphabet, Intel, Microsoft and Apple. Apple spent $11.6 billion in 2017, compared to $10.39 billion in 2016. It’s the tech giant’s highest R&D spend ever.
