Tens of billions of dollars are being spent on A.I. plumbing, revamping data centers to support artificial intelligence. Companies like Amazon and Meta are investing in huge new facilities, igniting a spending frenzy that may last for years.
Microsoft, Meta, and Alphabet have collectively spent over $32 billion on data centers and capital expenses in just three months, emphasizing the continued heavy investment in A.I. infrastructure.
Meta announced the need to spend billions more on chips and data centers for A.I., signaling the significance of investing in technology infrastructure. The trend mirrors the concept of profiting from the gold rush by selling shovels.
Nvidia has emerged as a significant A.I. industry beneficiary, with chip sales tripling in the past year. This highlights how companies providing essential A.I. infrastructure can significantly benefit from the booming industry.
[
add
]
[
|
|
...
]