Tag: financial strategy
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The Register: Amazon to cough $75B on capex in 2024, more next year
Source URL: https://www.theregister.com/2024/11/01/amazon_75b_capex/ Source: The Register Title: Amazon to cough $75B on capex in 2024, more next year Feedly Summary: 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 –…
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The Register: Microsoft turning away AI training workloads – inferencing makes better money
Source URL: https://www.theregister.com/2024/10/31/microsoft_q1_fy_2025/ Source: The Register Title: Microsoft turning away AI training workloads – inferencing makes better money Feedly Summary: Azure’s acceleration continues, but so do costs Microsoft has explained that its method of funding the tens of billions it’s spending on new datacenters and AI infrastructure is to shun customers who want to rent…
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The Register: Snowflake seeks to raise funds with $2 billion bond sale
Source URL: https://www.theregister.com/2024/09/24/snowflake_seeks_to_raise_funds/ Source: The Register Title: Snowflake seeks to raise funds with $2 billion bond sale Feedly Summary: Poorly received by investors, the moves comes in a difficult year Cloud-based data warehousing and analytics biz Snowflake has issued $2 billion in bonds with the aim to buy back shares and potentially launch an acquisition…