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Amazon is planning to invest over $100 billion in building data centers over the next 10 years. This company currently invests more in data center infrastructure than in retail warehouses. John Felton, Chief Financial Officer of Amazon Cloud Services (AWS), said that the current construction of artificial intelligence feels like building a massive logistics network in the past few years. According to market research firm Dell'Oro Group, Amazon's expenditure on data center capital expenditure (including leasing) reached a decade high of 53% compared to total capital expenditure last year. (Wall Street Journal)
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