In Race to Build AI, Tech plans a big plumbing upgrade
If 2023 was the year of AI chatbots for the tech sector, 2024 is proving to be the year of AI. It may not sound that exciting, but tens of billions of dollars are quickly being spent on behind-the-scenes technology for the industry's AI boom.Companies from Amazon to Meta are renovating their data centers to support artificial intelligence. They are investing in huge new facilities, while places like Saudi Arabia are also racing to build supercomputers capable of handling artificial intelligence. Nearly everyone with a foot in technology or huge amounts of money, it seems, is jumping into a spending frenzy that some believe could last for a long time. years.Microsoft, Meta and Google's parent company Alphabet revealed this week that they spent more than $32 billion combined on d...