#datacenter-expansion

#datacenter-expansion

Zuckercorp has already warned of "notably larger" spending in 2026, but the company earned "only" $62 billion in profit last year, up from $39 billion in 2023. So even if it used all of its near-liquid assets - as of Q3, Meta had about $44.5 billion in cash, cash equivalents, and other marketable securities - and plowed every dollar of profit into bit barns for the next few years, Meta would be hard pressed to pull this off.

Alibaba Cloud yesterday announced its first datacenters in Brazil, France, and The Netherlands, plus expansion of its presence in five other countries outside China. The cloudy offshoot of giant e-tailer Alibaba already operates 91 availability zones in 29 regions, 14 of which are in China - a market in which it enjoys dominant market share thanks to both its solid offerings and the fact that global rivals AWS, Azure, and Google have limited presences in the Middle Kingdom.