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The US AI data center boom is consuming capital, power, and people that the rest of the economy needs, and is crowding out Trump's manufacturing revival plans (Bloomberg)

Bloomberg : The US AI data center boom is consuming capital, power, and people that the rest of the economy needs, and is crowding out Tr...

1 November 2024

Amazon reports Q3 AWS revenue up 19% YoY to $27.45B, vs. $27.52B est., and AWS operating income of $10.45B, vs. $9.15B est., up from $7B in Q3 2023 (Jordan Novet/CNBC)

Jordan Novet / CNBC:
Amazon reports Q3 AWS revenue up 19% YoY to $27.45B, vs. $27.52B est., and AWS operating income of $10.45B, vs. $9.15B est., up from $7B in Q3 2023  —  Amazon said revenue in its cloud unit increased 19% in the third quarter, just missing analyst estimates.

Posted from: this blog via Microsoft Power Automate.

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