Microsoft made a nice press release out of their spend. But, Amazon is already at/near this amount. With further increases expected in 2025 -"Amazon CEO Andy Jassy said the company plans to spend about $75 billion on capex in 2024 and that he suspects the company will spend more in 2025. "The increase bumps here are really driven by generative AI," Jassy said during a call with analysts"
Microsoft made a nice press release out of their spend. But, Amazon is already at/near this amount. With further increases expected in 2025 -"Amazon CEO Andy Jassy said the company plans to spend about $75 billion on capex in 2024 and that he suspects the company will spend more in 2025. "The increase bumps here are really driven by generative AI," Jassy said during a call with analysts"