Unless that's capex for building, or includes server capex that they depreciate, that seems way high given Uber's scale.
A pretty dense cabinet should only cost ~$1400/mo at wholesale (1MW+ rooms) rates, and $200M is 143,000 cabinets.
And it's public that Uber uses multiple clouds as well.
Disclaimer: I haven't reviewed public Uber filings, would be very interested if there's any data that indicates they're really spending $200M on opex for real estate (which would be equivalent to $400M/year on cloud, which is either opex or potentially mix if there is some reserved instance-type cloud spend).
A pretty dense cabinet should only cost ~$1400/mo at wholesale (1MW+ rooms) rates, and $200M is 143,000 cabinets.
And it's public that Uber uses multiple clouds as well.
Disclaimer: I haven't reviewed public Uber filings, would be very interested if there's any data that indicates they're really spending $200M on opex for real estate (which would be equivalent to $400M/year on cloud, which is either opex or potentially mix if there is some reserved instance-type cloud spend).