Tech giants spent $139 billion on AI and data centers in 2024, with Microsoft leading at $46 billion.

Major tech firms like Microsoft, Google, Meta, and Amazon spent a combined $139 billion on AI investments and data center costs from January to August 2024. Microsoft leads with $46 billion spent across 300 data centers, followed by Amazon with around 215 centers. These investments highlight the industry's push for AI advancement, despite rising costs for training models and increased energy consumption.

December 26, 2024
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