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

Where Morgan Stanley Sees Pockets of Safety as S&P 500 Faces 'Technical Fragility'

Seeking Alpha13minutes ago

Amazon(AMZN.US) Officer Sells US$918.45K in Common Stock

$Amazon(AMZN.US)$ Officer Zapolsky David sold 4,710 shares of common stock on Jun 27, 2024 at an average price of $195 for a total value of $918.45K.Source: Announcement What is statement of changes i

Futu News20minutes ago

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

Why are some Wall Street analysts nervous despite the record-breaking performance of the S&P 500 index?

Zhitong FinanceJul 1 20:22

Arcade1Up Debuts NBA Jam Deluxe Pre-Orders on Amazon

PR Newswire39minutes ago

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

BreakingsJul 1 11:17