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Capital spending soars in the cloud as Microsoft, Google, and others bet big on AI demand

GeekWire

These servers inside a Microsoft data center in Quincy, Wash., Microsoft Photo / John Brecher) Analysts, investors, and the media are suddenly focused intensely on capital expenditures by tech giants including Microsoft, Meta, Google, and others to size up the industry’s bet on the cloud and artificial intelligence.

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Amazon renewable power leader on AI’s energy strain, a political dust-up in Oregon, and more

GeekWire

As the retail, cloud and entertainment giant strives to reach net zero carbon emissions by 2040, most of its carbon cuts so far have come from its shift to renewables. ” Charley Daitch, the Amazon Web Services director of energy and water strategy. “And we moved in a really meaningful way to do that.”

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Amazon sustainability report: Carbon emissions rose 19% in 2020 as pandemic drove huge revenue

GeekWire

But at the same time, the company last year lowered its carbon intensity, a measure of carbon pollution per dollar earned, edging slightly towards its pledged goal to reduce its net carbon footprint to zero by 2040. Fellow Seattle-area tech giant Microsoft also releases annual sustainability reports.

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Read Jeff Bezos’ shareholders letter: Amazon founder focuses on employee welfare, comments on union vote

GeekWire

What’s next: Bezos will step down as CEO in the third quarter of this year, replaced by Amazon Web Services chief Andy Jassy. Amazon Web Services serves millions of customers and ended 2020 with a $50 billion annualized run rate. Our net income in 2020 was $21.3 “I’m an inventor. More than 1.9

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