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In Race To Build AI, Tech Plans a Big Plumbing Upgrade
If 2023 was the tech industry's year of the A.I. chatbot, 2024 is turning out to be the year of A.I. plumbing. From a report: It may not sound as exciting, but tens of billions of dollars are quickly being spent on behind-the-scenes technology for the industry's A.I. boom. Companies from Amazon to M...
Microsoft, Meta, and Google's parent company, Alphabet, disclosed this week that they had spent more than $32 billion combined on data centers and other capital expenses in just the first three months of the year. has become a story about building a massive technology infrastructure, Meta said on Wednesday that it needed to spend billions more on the chips and data centers for A.I. For all of the excitement around web browsers and newfangled e-commerce websites, the companies making the real money were software giants like Microsoft and Oracle, the chipmaker Intel, and Cisco Systems, which made the gear that connected those new computer networks together.
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