Oklahoma City - Amazon and Nvidia executives reassured investors on Thursday that the demand for artificial intelligence (AI) data centers remains robust, dismissing concerns about a potential slowdown. Despite some economic uncertainty, both companies indicated that construction and expansion plans are proceeding as scheduled.
This ongoing investment signals a strong belief in the continued growth and importance of AI across various industries. The demand is fueled by the increasing need for powerful computing infrastructure to support AI model training, deployment, and operation.
While some investors have expressed apprehension that tech companies might scale back their capital expenditures amid recession fears, Amazon and Nvidia's statements suggest that AI remains a top priority. The companies are committed to meeting the growing needs of their customers in the AI space. This news provides a positive outlook for the AI industry and its impact on future technological advancements.
Amazon and Nvidia See No Slowdown in AI Data Center Demand
Despite economic concerns, Amazon and Nvidia report strong, sustained demand for artificial intelligence (AI) data centers. Executives from both companies indicated on Thursday that they don't anticipate a slowdown in construction. This continued investment suggests confidence in the long-term growth of AI technologies. The news comes as some investors worry about potential cutbacks in tech spending due to recession fears.
Source: Read the original article at NBC