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Apr 16, 2024

Grand News Network / November 6, 2023

Great News for Nvidia? Amazon, Google, Microsoft Spending Big On AI and Cloud

Amazon.Com Inc (NASDAQ: AMZN), Microsoft Corp (NASDAQ: MSFT), and Google parent Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) are in no mood to compromise in terms of their capital spending to build up capacity as the generative artificial intelligence war heats up. 

The leading cloud computing groups have boosted investment in computing infrastructure over the past few years. 

Previously, analysts have voiced $1 trillion in AI-driven opportunity for Nvidia Corp (NASDAQ: NVDA), which is on the front line supplying the GPU and chips

Also Read: Google Echoes Amazon's AI Move, Unveils AI-Powered Product Studio for Advertisers

Capital spending surged to an aggregate $42 ...

Full story available on Benzinga.com


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