Amazon Bets $150 Billion on Data Centers Required for AI Boom

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A power substation near a the LC1 CloudHQ data center in Ashburn, Virginia, US, on Wednesday, March 27, 2024. Amazon.com Inc. plans to spend almost $150 billion in the coming 15 years on data centers, giving the cloud-computing giant the firepower to handle an expected explosion in demand for artificial intelligence applications and other digital services. Photographer: Nathan Howard/Bloomberg via Getty Images

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