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Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity’ in AI

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada.Noah Berger | Getty Images Entertainment | Getty ImagesAmazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its investments in artificial intelligence.The capex figure exceeds last year's spending of roughly $83 billion. Amazon CEO Andy Jassy had predicted in ...

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