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HomeBusinessAI data-centre race builds $1 trillion lease burden for Big Tech

AI data-centre race builds $1 trillion lease burden for Big Tech

Aug 4: Microsoft Corp, Meta Platforms Inc, Oracle Corp, Amazon and Alphabet have committed about $1. 09 trillion in future payments under leases that have not yet begun, mostly for data centres needed to power the artificial intelligence boom. The commitments show that a substantial part of Big Tech’s AI spend

Read full story on Channel Newsasia

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