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cover of episode Amazon Wants More Power

Amazon Wants More Power

2025/6/27
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Motley Fool Money

AI Deep Dive AI Chapters Transcript
People
H
Holly Anderson
J
Jason Moser
作为 Motley Fool 高级分析师,Jason Moser 专注于提供深入的财经分析和投资建议。
M
Matt Argersinger
P
Peter Anevski
Topics
Jason Moser: Project Rainier是一个旨在引入下一代AI的大型独特机器,分布在美国的多个数据中心。亚马逊的Tranium芯片专为AI训练和推理而设计,数据中心正在成为新的计算单元。Anthropic将使用新的AI计算集群来构建和部署未来版本的AI模型Claude,计算能力将是当前最大训练集群的五倍。Project Rainier旨在满足多种需求,如果AI发展遇到瓶颈,该设施可用于向客户提供AI技术,因此效率是关键。AWS是Amazon的关键驱动力,尽管最近投资巨大导致占比略有下降,但随着投资实现,其盈利贡献可能会回升。Amazon有多种盈利方式,广告业务的年增长率与AWS相似,但AWS的市场机会更大。 Matt Argersinger: 人工智能的支出和需求正在蓬勃发展,房地产投资信托(REIT)投资者对此非常感兴趣。评估REIT时,应剔除折旧等非经常性费用,使用FFO(营运资金)来评估其持续现金流。数据中心REIT市场可能有些过热,就像COVID期间公寓市场一样,大量开发商涌入导致供应过剩,压低了租金。数据中心支出巨大,来自REIT、超大规模企业和私募股权等多个参与者,未来更小更强大的芯片可能使大量已建数据中心过时。

Deep Dive

Shownotes Transcript

Amazon’s latest data center will require the same amount of electricity as one million homes.

(00:21) Jason Moser and Matt Argersinger join Ricky Mulvey to discuss:

  • The data center spending boom.

  • Hims & Hers messy breakup with Novo Nordisk.

  • Overrated and underrated business stories from the year so far.

(19:11) Progyny CEO, Peter Anevski, joins Tim Beyers and Holly Anderson to discuss the growth path ahead for the health benefits company.

(31:28) Jason and Matt discuss Disney’s box office struggle with “Elio” and offer up two radar stocks: Uber and Otis Worldwide.

Companies discussed: AMZN, HIMS, NVO, TSLA, PGNY, DIS, UBER, OTIS

Host: Ricky Mulvey

Guests: Jason Moser, Matt Argersinger, Tim Beyers, Holly Anderson, Peter Anevski

Engineer: Dan Boyd

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