Amazon CEO Urges Heavy AI Investment for Long-Term Gains

Amazon CEO Andy Jassy, in his annual shareholder letter, emphasized the need for aggressive AI investments to secure future profits. With over $100B planned in 2025 capex—mainly for AWS AI—Jassy called AI a “once-in-a-lifetime reinvention.” He highlighted current costs in data centers and chips but expects prices to drop as Amazon builds over 1,000 generative AI tools.

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