US EditionAmazon CEO defends billions in AI spend
- Amazon CEO Andy Jassy addressed shareholders on Thursday about the company's AI investments.
- Amazon announced plans to significantly increase capital expenditures, driven by AI innovation.
- Amazon's AI spending includes data centers, new chips, and upgrades for Alexa, like Alexa+.
- Jassy stated, "Our customers, shareholders, and business will be well-served by investing aggressively now," in AI.
- Amazon anticipates strong returns from AI investments, seeing it as a transformative technology for customer experiences.
19 Articles
19 Articles
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