Amazon Investing $100B on Cloud Infrastructure Expansion to Meet AI Demand – ExecutiveBiz ...Middle East

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Amazon is investing over $100 billion over the next ten years on data centers with the ultimate aim of taking advantage of growing demand for artificial intelligence, the Wall Street Journal reported Sunday. AI requires the computational power offered by the cloud and so is expected to drive demand for cloud services. Amazon projects AI to deliver tens of billions of dollars in revenue through the next few years. The technology company is already in the midst of expanding its cloud infrastructure, with efforts taking place at various locations, including Virginia and Ohio. Amazon also says its infrastructure expenditures for Amazon Web Services, which handles the technology company’s cloud

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