AI boom in data centers has top tech companies spending more than major oil companies on capex

The race for new and upgraded data centers to handle the artificial-intelligence boom has the world’s top technology titans far outpacing major oil companies in capital expenditures, according to the Wells Fargo Investment Institute. Alphabet Inc. GOOG, GOOGL, , Amazon.com Inc. AMZN, , Meta…#alphabetinc #metaplatformsinc #meta #microsoftcorp #bpbp #chevroncorp #cvx #exxonmobilcorpxom #shellplc #shel
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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