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Investors love AI, as long as you’re a cloud host
Amazon continues to invest heavily in data centers, and investors are favoring AI initiatives, particularly for cloud hosting providers.
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Adjacent reporting
- Amazon and Microsoft are spending $400 billion on AI—and investors are low on patience
- Amazon is in talks to sell its custom AI chips to other companies' data centers
- Forget Apple. Amazon just made AI a lot more expensive.
- Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results
- Amazon is proving you don't need the best model to win the AI race
- As AI spending surges, return-on-investment questions mount