Amazon will spend nearly $150 billion on data center expansion to become a leader in AI

Over the next 15 years, Amazon plans to spend $148 billion on data centers, which will allow it to cope with the expected explosive growth in demand for AI applications and other digital services, Bloomberg writes. AWS revenue growth fell to a record low last year as customers sought to cut costs and delayed modernization projects. Now their costs are starting to rise again, and Amazon is preparing land for future data center expansion and negotiating electricity supplies. Amazon's planned data center spending exceeds the commitments of Microsoft and Alphabet's Google, although neither company discloses data center costs as consistently as Amazon, Bloomberg noted. “We are significantly expanding capacity,” said Kevin Miller, AWS vice president in charge of the company's data centers. “I think it just gives us the opportunity to get closer to our customers.”
Source: 3dnews.ru

Add a comment