{"id":840275,"date":"2024-08-02T10:26:47","date_gmt":"2024-08-02T04:56:47","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=840275"},"modified":"2024-08-02T10:26:47","modified_gmt":"2024-08-02T04:56:47","slug":"amazon-set-to-join-big-techs-spending-surge-as-ai-race-heats-up-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/02\/amazon-set-to-join-big-techs-spending-surge-as-ai-race-heats-up-2\/","title":{"rendered":"Amazon set to join Big Tech&#8217;s spending surge as AI race heats up"},"content":{"rendered":"<p>Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge in capital spending on artificial intelligence as Big Tech companies rush to capitalize on the booming technology.<\/p>\n<p>The e-commerce giant&#8217;s capital investments &#8211; mostly for building cloud and generative AI infrastructure &#8211; is expected to have risen 43% in the second quarter to $16.41 billion, according to LSEG data. That represents a roughly $1.5 billion increase from the previous three months.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge in capital spending on artificial intelligence as Big Tech companies rush to capitalize on the booming technology. The e-commerce giant&#8217;s capital investments &#8211; mostly for building cloud and generative AI infrastructure &#8211; is expected to have risen 43% in the second quarter to $16.41 billion, according to LSEG data. That represents a roughly $1.5 billion increase from the previous three months.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-840275","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=840275"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840275\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=840275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=840275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=840275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}