Feb, 2025 : AWS Plans $100B AI Investment, Surpassing Microsoft




📅 - Amazon Web Services (AWS) has unveiled an unprecedented $100 billion capital expenditure plan for 2025, with the majority of investments directed toward artificial intelligence (AI) infrastructure. This aggressive spending strategy positions AWS ahead of competitors Microsoft and Google in the race to expand AI-ready cloud services.

The announcement came alongside AWSs strong financial results for the fourth quarter of 2024, marking a second consecutive quarter of 19% year-over-year (YoY) revenue growth. The cloud giant reported Q4 sales of $28.8 billion, up from $24 billion in 2023, while quarterly profit surged to $10.6 billion from $7.1 billion the previous year.

AWSs full-year [...][... Check source for end of article ...]
Tags: AI

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URL source: https://hostingjournalist.com/news/aws-plans-100b-ai-investment-surpassing-microsoft

Company: Amazon Web Services (AWS)

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