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AI Enterprise Capital Expenditure Expansion and Cloud Growth of Amazon and Microsoft

The Motley Fool +2 · ·by G4L

  1. 1S&P Global stated that AI enterprise capital expenditure could exceed $1.3 trillion by 2027.
  2. 2Amazon increased its capital expenditure to $220 billion this year.
  3. 3Microsoft expanded its capital expenditure to $175 billion this year.

So what's the key point?

Money spent by AI companies on facilities could exceed $1.3 trillion by 2027. This means Amazon and Microsoft have significantly increased their spending this year.

Source The Motley Fool +2 · View original ↗

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