Capital spending soars in the cloud as Microsoft, Google, and others bet big on AI demand
GeekWire
APRIL 30, 2024
These servers inside a Microsoft data center in Quincy, Wash., This explains why Fitzgerald skewered IBM last week for a 21% decrease in CapEx. “They’ve become hardware companies,” Fitzgerald said. Facebook parent Meta reported $6.7 “There’s a huge build-out going on,” he said.
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