Tag: capital investments
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Hacker News: Amazon to cough $75B on capex in 2024, more next year
Source URL: https://www.theregister.com/2024/11/01/amazon_75b_capex/ Source: Hacker News Title: Amazon to cough $75B on capex in 2024, more next year Feedly Summary: Comments AI Summary and Description: Yes Summary: Amazon’s projected $75 billion capital expenditure for 2024, primarily for its cloud services (AWS), highlights the increasing demand for generative AI as enterprises transition from on-premises systems to…