IT Home 22 News on 0 , CNBC released a blog post today (0 0 ) based on a report released by Wells Fargo analysts on Monday,According to the report, following Microsoft, Amazon has also slowed down the expansion of data centers.

IT Home Note: Amazon Web Services (AWS) and Microsoft are leading providers of cloud infrastructure and have both increased their capital expenditures in recent quarters to meet the needs of the generative AI boom.

However, Wells Fargo analysts noted in the latest report: "We learned from multiple industry sources over the weekend that AWS has suspended some of its hosting lease negotiations, mainly affecting international projects. It's unclear how big Amazon's suspension will be. This is similar to what we've heard from Microsoft recently, where both companies are scaling back some of their new projects, but haven't canceled agreements they've already signed. ”