The investments in data centers are going big. Microsoft will spend $80 billion in fiscal 2025, versus $64.5 billion on capex in the last year. Amazon is spending $65 billion, Google $49 billion and Meta $31 billion.
About 5 years ago, when Elon promised a $1B investment in OpenAI, it seemed like an unusual leap of faith. And now just 4 top corporations are casually committing over $200B to AI infrastructure. The pace is already crazy.
This is potentially the most powerful technology humanity has ever created. And what’s even more interesting is the absence of governments. They were the only entities comfortable with this kind of money. And it feels like they’re completely asleep.
About 5 years ago, when Elon promised a $1B investment in OpenAI, it seemed like an unusual leap of faith. And now just 4 top corporations are casually committing over $200B to AI infrastructure. The pace is already crazy.
This is potentially the most powerful technology humanity has ever created. And what’s even more interesting is the absence of governments. They were the only entities comfortable with this kind of money. And it feels like they’re completely asleep.