That's the top 3 cloud hyperscalers spending at least $100B+ each: AWS ($150B), Microsoft Azure ($100B+) and Google Cloud ($100B+). Amazon: https://nypost.com/2024/03/28/business/amazon-pours-150b-into-data-centers-to-handle-expected-ai-boom/ Microsoft: https://www.reuters.com/technology/microsoft-openai-planning-100-billion-data-center-project-information-reports-2024-03-29/ Google: https://qz.com/google-spend-100-billion-ai-development-deepmind-ceo-1851412787 For context, $350B is about 700,000 FAANG salaries (counting TC, benefits and other overhead to company)
Just wait for the fallout once they show absolutely zero revenue and profit to offset any of these costs.
I and all of us really need this happen. Innovators dilemma, let’s go.
What are you trying to say? They are spending so what
This is part of the reasons for all the layoffs because they needed to divert money to this
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OCI is better, as per OCI(ex-AWS, ex-Microsoft) executives.
😂
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