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centre race builds $1 trillion lease burden for Big Tech

🤖 Centre Race Builds $1 Trillion Lease Burden

Published by OOPSONLINE.IN · Source: CNBC TV18 · 1 min read · · Updated

What actually happened

Microsoft, Meta Platforms Inc, Oracle, Amazon and Alphabet have committed about $1.09 trillion in future payments under leases that have not yet begun, mostly for data centres needed to power the artificial intelligence boom.

Key points

  • Microsoft, Meta Platforms Inc, Oracle, Amazon and Alphabet have committed about $1.
  • 09 trillion in future payments under leases that have not yet begun, mostly for data centres needed to power the artificial intelligence boom.

Summary based on data provided by CNBC TV18. Full article available at the original publisher.

  • #ai
  • #centre
  • #race
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