Amazon announced it plans to make a massive investment in artificial intelligence this year.
The e-commerce giant intends to increase capital expenditures to a dizzying $100 billion. This would represent a sizeable jump from the already lofty $83 billion capex Amazon recorded in 2024.
“We spent $26.3 billion in capex in Q4, and I think that is reasonably representative of what you expect an annualized capex rate in 2025,” Amazon CEO Andy Jassy said on a fourth-quarter earnings call with investors, per CNBC.
“The vast majority of that capex spend is on AI for AWS,” he said, referring to the company’s on-demand cloud computing arm.
Last year, The Dallas Express reported that Amazon plans to spend nearly $150 billion on data centers over the next 15 years alone. The investment is in anticipation of the continued demand for growth in resource-intensive AI. […]
— Read More: dallasexpress.com
