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Big tech plans to spend between $364 billion and $400 billion on ai data centers, purchasing specialized ai hardware like gpus, and supporting cloud computing/storage capacity.

Spending is accelerating (again) despite the risk of a bubble, google, meta, microsoft and amazon plan to spend billions more on artificial intelligence than they already do. The ai data center boom is warping the us economy microsoft, alphabet, meta, and amazon are investing tens of billions in data centers Ai infrastructure is now a key driver of us economic growth. Microsoft, google, amazon, and meta are the main players investing at staggering levels to build and upgrade data centers that support the exponential demand for ai computing power, with. Wall street analysts estimate that a 1 gigawatt ai data center costs $35 billion Nvidia takes a huge chunk of that spending.

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