Capital spending soars in the cloud as Microsoft, Google, and others bet big on AI demand
GeekWire
APRIL 30, 2024
“They’ve become hardware companies,” Fitzgerald said. It’s a different beast, in part because its overall capital expenditures include not only its Amazon Web Services data centers but also fulfillment centers and other e-commerce facilities. billion in revenue. What about Amazon? billion in 2022 to $24.8
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