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As the AI revolution gains momentum, Big Tech companies are pouring billions into AI infrastructure, with spending expected to exceed a staggering $250 billion in 2025.that the world’s tech giants, including Microsoft, Meta, Google, and Amazon, are leading the charge in AI investments, believing this technology to be transformative. In 2023, these four companies alone spent approximately $109 billion on capital expenditures through the third quarter.
Microsoft, for instance, spent close to $10 billion on GPU and CPU servers in the most recent quarter, primarily to meet cloud demand. The company’s CFO, Amy Hood, emphasized that demand continues to outpace available capacity and that Microsoft expects capex to increase sequentially, given the strong demand signals for cloud and AI.
Google, while more cautious in its AI demand projections, still anticipates an increase in capex in 2025. The company’s CFO, Anat Ashkenazi, highlighted the need for continued meaningful capital investment to realize growth opportunities and innovate in AI. As Big Tech ramps up its AI spending, the fruits of these investments are already becoming apparent. Microsoft’s AI business is on track to surpass $10 billion in annual revenue run rate in Q2, making it the fastest business in the company’s history to reach this milestone. Amazon’s AWS AI business is growing at a triple-digit year-over-year percentage, more than three times faster than AWS itself at a similar stage.
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