Reported 12 months ago
Amazon, a $2 trillion company, known for aggressive spending to build its retail and logistics empire, is now directing over $100 billion towards AI investments over the next decade. With a focus on expanding its cloud computing and AI infrastructure, Amazon's AWS arm is experiencing a surge of investment to meet the growing demand for artificial intelligence services. This strategic shift reflects the company's commitment to staying competitive in the AI landscape and capitalizing on the potential revenue growth from AI technologies.
Source: YAHOO