"Alphabet, Amazon, Meta, and Microsoft unveiled plans to plow roughly $650 billion into AI infrastructure this year. That's roughly 70% more than 2025 and triple the capex of 21 of America's industrial titans combined. Most of the cash goes to power‑gobbling data centers stacked with GPUs, fiber, and enough diesel backup to moonlight as miniature utilities. Investors greeted the news with a collective wince, shaving nearly $1 trillion from the quartet's market value."
"AI's growth spurt entered its awkward teen phase this week, towering, hungry, and occasionally breaking the furniture. Four US hyperscalers sketched a combined $650 billion capex plan, shrugging off a collective $1 trillion loss in market value... only for Elon Musk to politely ask for the Moon. Meanwhile, Amazon tried to bottle journalism for training data, OpenAI stapled ads onto ChatGPT's homework help, and Alexa flirted with a brain transplant."
Four major US cloud providers plan about $650 billion in AI infrastructure spending this year, mainly for GPU‑heavy data centers and backup power, prompting a nearly $1 trillion market value decline for the group. Elon Musk proposed using a lunar mass driver to deploy xAI orbital data centers and autonomous lunar manufacturing. Amazon pursued journalism content for AI training; OpenAI added ads to ChatGPT’s tutoring; and Alexa experimented with advanced cognitive integration. Safety leaders resigned while automation‑driven layoffs hit brewers and other sectors. Massive capital spending and rapid deployment accelerate AI adoption, raise grid and cloud pricing pressures, and concentrate technological control.
Read at TechRepublic
Unable to calculate read time
Collection
[
|
...
]