Amazon Pours Fuel on Big Tech Spending After DeepSeek Panic
The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year.
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Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
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Amazon Pours Fuel on Big Tech Spending After DeepSeek Panic
There’s stepping on the gas, and then there’s flooring it. When it comes to investing in artificial intelligence, Amazon AMZN-3.31%decrease; red down pointing triangle.com just did the latter.