Amazon 2025 capex to reach $100bn, AWS 2024 revenue hit $100bn
The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices. Microsoft expects its 2025 capex to hit $80 billion, Google $75 billion, and Meta $65 billion. This year also saw the launch of Stargate, OpenAI's data center venture, which pledged to spend $100 billion 'immediately.'