Tag: investor pressure
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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 –…