- Capex of 4 IT giants will be $200+ billion in 2024 - This is a record amount for Amazon, Microsoft, Alphabet and others - At the same time, the capex of IT companies for 2025 may increase - As they buy scarce chips and build data centers - They say the spending will make the AI business profitable - At the same time it should become more profitable than advertising, etc. - Amazon's capex for 2024 will be $75 billion. - Zuckerberg's company may spend about $40 bln. - Alphabet's cap. expenses turned out to be higher than analysts' estimates - At the same time, it predicts their significant growth for 2025 - Apple also promises to invest to develop its AI - Microsoft spent 50% more in the quarter - $14.9 bln - That's more than Microsoft's capex for any year through 2020