Amazon plans to spend $148 billion on data centers over the next 15 years to help it cope with the expected explosive growth in demand for AI applications and other digital services, Bloomberg reports. Last year, AWS's revenue growth rate fell to a record low as customers sought to cut costs and postponed modernization projects. Now, their costs are starting to rise again, and Amazon is preparing land for future data center expansions and negotiating power supply agreements. Amazon's planned data center spending exceeds the commitments of Microsoft and Google (an Alphabet holding company), although neither company discloses data center-related expenses as consistently as Amazon, Bloomberg noted. "We're significantly expanding capacity," said Kevin Miller, AWS vice president overseeing data centers companies. βI think it just gives us the opportunity to get closer to our customers.β
Source: 3dnews.ru
