The Register
Despite extending server lifespans, AI’s power demands drive more datacenter builds Amazon expects to spend $75 billion on capital expenditure in 2024 and even more in 2025 – mostly on its cloud computing business – due to rising demand for generative AI and as more customers ditch their on-premises workloads.……
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Amazon to cough $75B on capex in 2024, more next year
Paul Kunert
02:24
Despite extending server lifespans, AI’s power demands drive more datacenter builds Amazon expects to spend $75 billion on capital expenditure in 2024 and even more in 2025 – mostly on its cloud computing business – due to rising demand for generative AI and as more customers ditch their on-premises workloads.……
