Amazon, Microsoft Keep Data Center Spending Spree Going
Amazon, Microsoft Keep Data Center Spending Spree Going Edward LudlowAugust 6, 2024 at 7:05 AM EDT Major technology companies are spending billions of dollars in capital expenditure and most of it is going for the same thing. But first… Three things you need to know today: • Palantir reports strong results, saying AI has “transformed” the business• Dell is cutting sales jobs in a shakeup that creates a new AI-focused unit• AI chip startup Groq scores a $2.8 billion valuation in its funding round The party is far from over While fears of a US economic slowdown pummeled global stock markets on Monday, hitting … Continue reading Amazon, Microsoft Keep Data Center Spending Spree Going
