Finbler

Big Tech Spreads Wings in Global AI Race

Date: May 23, 2024

Source: pymnts.com

Big technology companies are pouring billions into artificial intelligence (AI) infrastructure abroad, focusing on international markets.

Here’s the key takeaways :

  • Tech giants like Microsoft and Amazon are investing heavily in building AI infrastructure overseas (over $40 billion combined this year).
  • This is driven by a surge in global demand for AI technologies and the need for faster processing and data security.
  • They’re targeting regions with a growing cloud computing market.
  • This trend is expected to continue, with other tech giants likely to follow suit.

 

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