Reported about 6 hours ago
Amazon is set to significantly boost its artificial intelligence investments, committing over $100 billion for 2025. CEO Andy Jassy highlighted that the company is facing 'constraints on capacity' as it works to fulfill the growing demand for AI technologies. This substantial investment positions Amazon as a leader in a fierce competition among tech giants, with Meta, Alphabet, and Microsoft also boosting their AI expenditures.
Source: YAHOO