Amazon ready to use its own AI chips, reduce its dependence on Nvidia
SMRTR summary
Amazon plans to spend $75 billion on capital expenditures in 2024, primarily for technology infrastructure, with even higher spending expected in 2025. This massive increase from $48.4 billion in 2023 reflects the ongoing AI spending race among major tech companies, who are also developing their own data center chips to support future AI growth.
SMRTR provides this summary for quick context. The original article belongs to Ars Technica.
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