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., “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.
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