Join Us | Newsletter : https://buymeacoffee.com/marlonbonajos/membership
Try this | 7 Days Challenge : https://tinyurl.com/7-Days-Challenge
Description:
Imagine the biggest tech companies you know, like Amazon, Microsoft, and the company that owns Facebook (Meta).
Get ready, because these companies are planning to spend a huge amount of money in 2025. We're talking about billions of dollars! Why are they spending so much?
They want to make Artificial Intelligence (AI) even better and more powerful.
To do this, they need to build special buildings called data centers, buy powerful AI computer chips, and make their internet storage (cloud computing) much bigger.
Here's how much money they plan to spend in 2025:
- Meta is planning to spend between $60 billion and $65 billion.
- Microsoft is planning to spend $80 billion.
- Amazon is planning to spend over $100 billion, mostly for AI stuff in their cloud service called AWS.
Put together with another big company, Google, these companies are expected to spend around $320 billion in 2025!
That's way more than the $151 billion they spent just a couple of years ago in 2023.
Some people who invest money in these companies are a little worried. They wonder how long it will take for the companies to make all that money back from AI.
Also, there are newer, cheaper AI programs coming out, which makes things more competitive.
There's another big concern: electricity. Running all this AI and these data centers uses a ton of power. Experts think that by 2030, the places that hold computer data might use 10% of all the electricity in the United States!
That's up from 4% just recently.
But even with these worries, the leaders of these companies think spending all this money is a smart move for the future. They believe it will help them grow in the long run