Serenity Deep Dives into Big Tech's AI Strategies: Favors Amazon's Development Path, Microsoft and Meta Need to Justify Capital Expenditure

Odaily reports that "White Hair Stock God" Serenity posted on X platform, stating that the market should not interpret Big Tech's AI capital expenditure as "funds being drained away." A more accurate description of these investments is that they are paving the way for future large-scale revenue growth or margin improvement. Serenity is currently most bullish on Amazon, viewing it as one of the clearest AI transformation cases among hyperscale cloud service providers. In the future, Amazon could leverage large language models to achieve autonomous delivery, warehouse robotics, and automation in logistics and transportation to lower operating costs. Meanwhile, Amazon is also driving revenue growth by expanding AWS computing power construction and may potentially enter the AI chip sales market through its in-house chips, Trainium.

Serenity believes Google ranks second among Big Tech in its AI layout. Its AI capital expenditure is aimed at protecting the moat of its search business, while Google Cloud, relying on the computing power advantage of its TPUs, also possesses similar chip commercialization potential as NVIDIA's GPUs. Regarding Microsoft and Meta, Serenity stated that both companies still need to prove the necessity of their massive AI capital expenditure to the market. Microsoft's recent lag in the development of its in-house AI chip Maia, coupled with the impact on AI development pace from its collaboration with OpenAI, has led to weaker market sentiment.