Jonathan Schultz’s Post

🔥 Amazon is set to drop a cool $100B over the next decade on AI data centers. And guess who’s cashing in? The server manufacturers! Here’s the scoop: - Quanta’s got Google and Microsoft covered. - Inventec rolls with AWS via ZT Systems. - Wiwynn serves Microsoft and Meta, and currently gets 10% of its revenue from AWS. But by Q4, they’re expecting that number to jump to a whopping 50% thanks to AWS ASIC server projects! 💸💻 Let the data center games begin! #TechTrends #Amazon #AI #DataCenters 👉 [Read more](https://lnkd.in/gmb-Cu5F)

🚀 Exciting Times for Data Centres 🌐 In a world embracing cloud based services, data centre growth continues to accelerate. -The data centre construction industry is booming with a whopping $120 billion invested into data centre infrastructure in 2022, that's a 13% YoY growth. -The big four hyper-scalers such as Amazon, Google, Meta, and Microsoft - collectively spent $94 billion on data centre capital expenditures in the same period. -Key highlights include Google's 15 projects in seven countries, Meta's pause for AI workload redesign, Amazon's nine-country expansion with four new regions, and Microsoft's 24 projects in eight countries. Get in touch to discuss some of these amazing opportunities. [email protected] #DataCentres #CloudTechnology #TechTrends #DigitalInfrastructure

Amazon is making bold moves in the tech world, with plans to invest a staggering $150 billion over the next 15 years to build state-of-the-art data centers. This massive investment is aimed at preparing for the anticipated explosion in artificial intelligence applications and digital services. With this strategic spending spree, Amazon aims to solidify its position as a leader in the cloud services market, where it already holds roughly twice the share of its closest competitor, Microsoft. “We’re expanding capacity quite significantly,” says Kevin Miller, a vice president at AWS, Amazon’s cloud computing subsidiary. “I think that just gives us the ability to get closer to customers,” he added. These data centers won't just be popping up in one location - Amazon plans to spread them across Mississippi, Saudi Arabia, Malaysia, Thailand, and more. This investment underscores Amazon's commitment to innovation and customer-centric services. Read more: https://buff.ly/3PIlilk Techsta.io is your solution to Salesforce skills shortages! Specify your requirements and location, and the platform will seamlessly navigate a vast talent pool of 738,519 professionals to find your perfect match fast. Your ideal on-demand tech team is just a click away! Visit Techsta: https://buff.ly/3GdouQW #EnterpriseCloud #EnterpriseOnPremises #Cybersecurity #PredictiveAnalytics #BigData #SocialEnterprise #Mobility #AI #Robotics #IoT #TechRecruitment #ITRecruitment #AWS #Salesforce #SAP #Microsoft #Oracle #GoogleCloud #Technews #Technology #TechnologyJobs #TechCommunity #Amazon #TechNews #Innovation #DataCenters #ArtificialIntelligence #CloudServices

Amazon is reportedly planning to invest $150 billion in building data centers to support the burgeoning demand for AI, aiming to “get closer to customers”—a term that might as well refer to the entire global population for brevity. In my presentation two years ago in Toronto and my recent publication three weeks ago (for those curious, you can find it below), I anticipated this development, albeit not at this scale. Yet, the persistent reliance of governments on such services remains perplexing. The ideal of true democracy, as we commonly understand it, has faded over the decades. Current political debates often revolve around the boundaries of privacy and the price of influence. Tax revenues should serve more than just infrastructure; they should safeguard our digital rights, and mere regulation and legislation are insufficient in an era where even warring parties are clients of these tech giants. This environment breeds confidence among large corporations that they will maintain market dominance until they achieve their financial goals. The notion that a government could acquire one of the top five tech companies might seem feasible, but it quickly reveals itself as a fantasy in today’s global landscape. https://lnkd.in/gj4n67bd https://lnkd.in/gKc36ePT Until next time, M

AMAZON BETS $150 BILLION ON DATA CENTERS REQUIRED FOR AI BOOM Bloomberg: Spending spree is a show of force as the company looks to retain cloud computing edge over Microsoft and Google. Amazon plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected explosion in demand for artificial intelligence applications and other digital services. The spending spree is a show of force as the company looks to maintain its grip on the cloud services market, where it holds about twice the share of No. 2 player Microsoft Corp. Sales growth at Amazon Web Services slowed to a record low last year as business customers cut costs and delayed modernization projects. Now spending is starting to pick up again, and Amazon is keen to secure land and electricity for its power-hungry facilities. “We’re expanding capacity quite significantly,” said Kevin Miller, an AWS vice president who oversees the company’s data centers. “I think that just gives us the ability to get closer to customers.” Over the past two years, according to a Bloomberg tally, Amazon has committed to spending $148 billion to build and operate data centers around the world. The company plans to expand existing server farm hubs in northern Virginia and Oregon as well as push into new precincts, including Mississippi, Saudi Arabia and Malaysia. Amazon’s planned outlay on server farms dwarfs the public commitments from Microsoft and Alphabet Inc.’s Google, though neither company discloses data center-related spending as consistently as Amazon. Microsoft and Google spokespeople declined to provide comparable figures and added that each company likely includes different costs in their estimates. Amid broader cost-cutting at Amazon, AWS’s capital expenditures on data centers shrank 2% in 2023—for the first time—even as Microsoft boosted its own spending by more than 50%, according to the research firm Dell’Oro Group. But Amazon’s chief financial officer said last month that capital expenditures would increase this year to support AWS growth, including AI-related projects. Much of Amazon’s data center expansion is geared toward meeting a rise in demand for corporate services like file storage and databases. But the facilities, along with advanced and expensive chips, will also provide the massive computing power required for an expected boom in generative artificial intelligence. Microsoft, close partner OpenAI and Google are widely seen as leaders in commercializing software capable of generating text and insights. But Amazon is building its own tools to rival OpenAI’s ChatGPT and has partnered with other companies to power AI services with its servers. As a result, Amazon expects to reap tens of billions of dollars in AI-related revenue. https://lnkd.in/gXqyNgc3 #ai #metaverse #fashion #web3 #investment

Amazon Bets $150 Billion on Data Centers Required for AI Boom: Amazon plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected explosion in demand for artificial intelligence applications and other digital services. From a report: The spending spree is a show of force as the company looks to maintain its grip on the cloud services market, where it holds about twice the share of No. 2 player Microsoft. Sales growth at Amazon Web Services slowed to a record low last year as business customers cut costs and delayed modernization projects. Now spending is starting to pick up again, and Amazon is keen to secure land and electricity for its power-hungry facilities. "We're expanding capacity quite significantly," said Kevin Miller, an AWS vice president who oversees the company's data centers. "I think that just gives us the ability to get closer to customers." Over the past two years, according to a Bloomberg tally, Amazon has committed to spending $148 billion to build and operate data centers around the world. The company plans to expand existing server farm hubs in northern Virginia and Oregon as well as push into new precincts, including Mississippi, Saudi Arabia and Malaysia. Read more of this story at Slashdot.

Amazon Bets $150 Billion on Data Centers Required for AI Boom: Amazon plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected explosion in demand for artificial intelligence applications and other digital services. From a report: The spending spree is a show of force as the company looks to maintain its grip on the cloud services market, where it holds about twice the share of No. 2 player Microsoft. Sales growth at Amazon Web Services slowed to a record low last year as business customers cut costs and delayed modernization projects. Now spending is starting to pick up again, and Amazon is keen to secure land and electricity for its power-hungry facilities. "We're expanding capacity quite significantly," said Kevin Miller, an AWS vice president who oversees the company's data centers. "I think that just gives us the ability to get closer to customers." Over the past two years, according to a Bloomberg tally, Amazon has committed to spending $148 billion to build and operate data centers around the world. The company plans to expand existing server farm hubs in northern Virginia and Oregon as well as push into new precincts, including Mississippi, Saudi Arabia and Malaysia. Read more of this story at Slashdot.

𝗔𝗺𝗮𝘇𝗼𝗻 𝗦𝗲𝘁𝘀 £𝟭𝟭𝟵𝗕 𝗳𝗼𝗿 𝗗𝗮𝘁𝗮 𝗖𝗲𝗻𝘁𝗿𝗲 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 𝗔𝗺𝗶𝗱𝘀𝘁 𝗔𝗜 𝗗𝗲𝗺𝗮𝗻𝗱 𝗦𝘂𝗿𝗴𝗲 🚀💡 Amazon is gearing up for a significant expansion in #datacentre infrastructure, dedicating £119 billion over the next 15 years. This move aims to improve support for burgeoning #AI demand, reflecting a strategic pivot towards enhancing #cloud services and AI capabilities. 𝗕𝗮𝗹𝗮𝗻𝗰𝗶𝗻𝗴 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 𝗮𝗻𝗱 𝗡𝗲𝘄 𝗩𝗲𝗻𝘁𝘂𝗿𝗲𝘀 ⚖️🌍 The investment strategy includes amplifying operations in established markets like Oregon and North Virginia in the US and venturing into new territories, like Mississippi, Saudi Arabia, and Malaysia, broadening Amazon's global data centre footprint. 𝗖𝗹𝗼𝘀𝗲𝗿 𝘁𝗼 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀, 𝗦𝘁𝗿𝗼𝗻𝗴𝗲𝗿 𝗶𝗻 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 🛠️🏢 Vice President of Global Data Centres at Amazon Web Services (AWS), Kevin Miller, highlights the expansion as a key #strategy for getting closer to customers and fortifying Amazon's position as a leader in cloud services, amidst growing competition and technological advancements. 𝗩𝗶𝗰𝗲 𝗣𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝘁 𝗼𝗳 𝗚𝗹𝗼𝗯𝗮𝗹 𝗗𝗮𝘁𝗮 𝗖𝗲𝗻𝘁𝗿𝗲𝘀 𝗮𝘁 𝗔𝗺𝗮𝘇𝗼𝗻 𝗪𝗲𝗯 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 The decision follows a period of slower growth for AWS in 2023, marking a strategic response to competitive pressures and a commitment to maintaining a competitive edge, particularly against key players like Microsoft’s Azure. Read more at https://lnkd.in/eyH5cFnV #datacentreexpansion #datacenter #aiinfrastructure #cloudcomputing #futuretech #technews

Amazon Bets $150 Billion on Data Centers Required for AI Boom: Amazon plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected explosion in demand for artificial intelligence applications and other digital services. From a report: The spending spree is a show of force as the company looks to maintain its grip on the cloud services market, where it holds about twice the share of No. 2 player Microsoft. Sales growth at Amazon Web Services slowed to a record low last year as business customers cut costs and delayed modernization projects. Now spending is starting to pick up again, and Amazon is keen to secure land and electricity for its power-hungry facilities. "We're expanding capacity quite significantly," said Kevin Miller, an AWS vice president who oversees the company's data centers. "I think that just gives us the ability to get closer to customers." Over the past two years, according to a Bloomberg tally, Amazon has committed to spending $148 billion to build and operate data centers around the world. The company plans to expand existing server farm hubs in northern Virginia and Oregon as well as push into new precincts, including Mississippi, Saudi Arabia and Malaysia. Read more of this story at Slashdot.

Quarterly capex change for the hyperscalers: Amazon: $11.4B -> $17.6B = 54% Y/Y Growth Microsoft: $8.9B -> $13.9B = 55% Y/Y Growth Google: $6.9B -> $13.2B = 91% Y/Y Growth Meta: $6.2B -> $8.5B = 36% Y/Y Growth The narrative is becoming clear on AI capex: about 50% of the current capex is on land, leases, and construction. We’ve yet to see the real buildout of AI data centers, and we’re at the beginning of this trend. “Roughly half of FY '24's total capital expense, as well as half of Q4's expense, it's really on land and build and finance leases, and those things really will be monetized over 15 years and beyond.” - Amy Hood The rest of the capex is mostly going to GPUs and other AI infrastructure which will be driven by demand signals: “In the capital spend, there is land and there is data center build, but 60-plus percent is the kit, that only will be bought for inferencing and everything else if there is demand signal.” - Satya Google, at least hinted, at the potential of overinvesting: “The risk of under-investing is dramatically greater than the risk of over-investing for us.” - Sundar Pichai It’s clear that the hyperscalers are capacity-constrained for some AI workloads right now...the question is by how much and for how long. #aws #microsoft #meta #google #artificialintelligence #llms #chatgpt #generativeai #gpu #servers #datacenter #cloud #ai #technology #innovation #business credit: Eric