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How many billions Big Tech spent on AI data centers in 2024


Image: Andriy Onufriyenko (Getty Images)
Picture: Andriy Onufriyenko (Getty Photographs)

Big Tech is spending billions on artificial intelligence as demand grows for computing power and extra superior capabilities.

Microsoft (MSFT), Meta (META), Google (GOOGL), and Amazon (AMZN) spent a mixed $125 billion on investing in and working AI data centers between January and August 2024, in line with a JPMorgan (JPM) report citing New Avenue Analysis. The analysis reveals each complete AI capital expenditures and complete data middle working prices, which embrace “money working bills, software program, depreciation, and electrical energy.”

Of the 4 tech giants, Microsoft has invested essentially the most in mounted AI belongings, resembling graphics processing units (GPUs) and different chips, and on sustaining its AI data centers, in line with the analysis. The report additionally reveals that Google and Amazon spent extra on training their AI fashions than on inferencing — or working their AI fashions for patrons.

Right here’s how a lot Big Tech spent on AI data centers in 2024, in line with the report.

An Amazon Web Services data center in Stone Ridge, Virginia on July 28, 2024. - Photo: Nathan Howard/Bloomberg (Getty Images)
An Amazon Net Companies data middle in Stone Ridge, Virginia on July 28, 2024. – Photograph: Nathan Howard/Bloomberg (Getty Photographs)

Amazon’s AI capital expenditures totaled $16 billion, in line with the report.

The cloud large spent $8 billion on GPUs and different data middle chips, and $8 billion on “different AI spend.”

Complete data middle working prices amounted to $3 billion, with $2 billion spent on coaching and analysis and improvement, and $1 billion spent on inferencing.

Meta’s Facebook data center in Eagle Mountain, Utah on July 18, 2024. - Photo: GEORGE FREY/AFP (Getty Images)
Meta’s Fb data middle in Eagle Mountain, Utah on July 18, 2024. – Photograph: GEORGE FREY/AFP (Getty Photographs)

Meta’s AI capital expenditures totaled $23 billion, in line with the report.

The tech conglomerate spent $11 billion on GPUs and different data middle chips, and $12 billion on “different AI spend.”

Complete data middle working prices amounted to $4 billion, with $2 billion spent on coaching and analysis and improvement, and $2 billion spent on inferencing.

A Google data center in Santiago, Chile on October 9, 2024. - Photo: RODRIGO ARANGUA/AFP (Getty Images)
A Google data middle in Santiago, Chile on October 9, 2024. – Photograph: RODRIGO ARANGUA/AFP (Getty Photographs)

Google’s AI capital expenditures totaled $29 billion, in line with the report.

The web large spent $14 billion on GPUs and different data middle chips, and $15 billion on “different AI spend.”

Complete data middle working prices amounted to $4 billion, with $3 billion spent on coaching and analysis and improvement, and $1 billion spent on inferencing.

The future site of a Microsoft data center in Fayetteville, Georgia on October 17, 2024. - Photo: Elijah Nouvelage/Bloomberg (Getty Images)
The longer term web site of a Microsoft data middle in Fayetteville, Georgia on October 17, 2024. – Photograph: Elijah Nouvelage/Bloomberg (Getty Photographs)

Microsoft’s AI capital expenditures totaled $40 billion, in line with the report.

The corporate, which is a serious investor in AI startup OpenAI, spent $20 billion on GPUs and different data middle chips, and $20 billion on “different AI spend.”

Complete data middle working prices amounted to $6 billion, with $3 billion spent on coaching and analysis and improvement, and $3 billion spent on inferencing.

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