Meta spends hundreds of millions annually on Azure, becomes one of Microsoft's largest AI customers
#meta#microsoft#azure#ai
Bloomberg reports that Meta is spending hundreds of millions of dollars per year on Microsoft Azure to consume trillions of AI tokens weekly, making it one of Microsoft's largest AI customers. This highlights the concentration of AI demand within the tech industry.
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Brody Ford / Bloomberg : Source: Meta is spending hundreds of millions per year on Azure to consume trillions of AI tokens weekly, becoming one of Microsoft's largest AI customers — Meta Platforms Inc. has become one of Microsoft Corp.'s biggest AI customers, underscoring how demand for the emerging technology remains concentrated in the tech industry.
