Amazon plans to invest over $100 billion in building datacenters over the next decade.

On July 1, Guolonghui reported that Amazon plans to invest more than $100 billion in building datacenters in the next 10 years. Today, the e-commerce giant's investment in datacenter infrastructure has already surpassed that of retail warehouses. According to data from market research firm Dell'Oro Group, Amazon's capital expenditure on datacenters (including leasing) accounted for more than half (53%) of its total capital expenditures last year, reaching a new high in nearly a decade. John Felton, CFO of Amazon Web Services, has said that the company is now investing heavily in datacenter infrastructure to support artificial intelligence.

Gelonghui FinanceJul 1 20:49

Express News | The three major US stock indexes rose collectively, with Dow rising 0.13%, Nasdaq rising 0.83%, and S&P 500 index rising 0.27%. Most popular technology stocks rose, with Tesla up more than 6%, Apple up nearly 3%, Microsoft and Amazon up more than 2%.

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While the s&p 500 index has repeatedly hit new highs under the wave of AI frenzy, why is the cautious sentiment spreading faster?

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Express News | Amazon cloud computing service is about to reach an electrical utilities supply agreement with a nuclear power company.

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