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Cloud giant Amazon is expanding its capabilities and will invest nearly $150 billion in data center expansion and expansion over the next fifteen years. Amazon.com Inc. plans to
Cloud giant Amazon is expanding its capabilities and will invest nearly $150 billion in data center expansion and expansion over the next fifteen years.
Amazon.com Inc. plans to spend nearly $150 billion on data centers over the next fifteen years, Bloomberg reports. Earlier this week, the company announced it was investing $4 billion in Anthropic, the AI startup that is increasingly making a name for itself in the AI world. With this big wave of spending, the cloud giant appears to be arming itself against the expected increase in demand for AI applications and other digital services.
Bloomberg noted by one count that Amazon has committed to spending $148 billion over the past two years to build and operate data centers around the world. The company is focusing on expanding current server farm hubs in Virginia and Oregon, as well as new areas such as Mississippi, Saudi Arabia and Malaysia.
Amazon.com Inc. aims to meet increasing demand for business services, including file storage and databases. In addition, new developments in advanced chips will also require more computing power. Amazon is also trying to strengthen its position in the AI world. For example, last year the company launched its own chatbot Amazon Q, which is in direct competition with ChatGPT.
Source: IT Daily
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