Get the latest tech news
AI Spending To Exceed A Quarter Trillion Next Year
Big Tech’s AI spending continues to accelerate at a blistering pace, with the four giants well on track to spend upwards of a quarter trillion dollars primarily for AI...
Getty ImagesBelow, I take a look at the growth in AI spending from Big Tech this year and yet, as it quickly approaches the quarter-trillion mark, and next week, I’ll discuss exactly what this means for the market’s biggest beneficiary. Microsoft also “announced new cloud and AI infrastructure investments in Brazil, Italy, Mexico, and Sweden as we expand our capacity in line with our long-term demand signals.” Jassy’s comment implies that AWS is seeing much larger demand than what they were expecting at the beginning of the year, hence the need to spend much more on AI infrastructure, from data centers to servers to GPUs to custom silicon.
Or read this on r/technology
