Amazon plans to invest $150B in data centers over 15 years to support AI demand and maintain cloud leadership.
Amazon plans to invest nearly $150 billion over the next 15 years in data centers to support rising demand for AI applications and other digital services, aiming to maintain its leadership in cloud services with twice the market share of Microsoft. The data center expansion will provide massive computing power for the anticipated AI boom and may generate tens of billions of dollars in AI-related revenue.
March 28, 2024
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