Amazon plans to spend an estimated $100 billion on AI in 2025
AWS sign in Javitz Center NYC.Fionna Agomuoh / Digital Trends Amazon spent $26.3 billion in capital expenditures during the fourth quarter of 2024, and that is “reasonably representative” of what it plans to spend each quarter of 2025, CEO Andy Jassy saidduring the company’s Q4 earnings call on Thursday. The “vast majority” of that spending will reportedly go towards Amazon Web Services and AI development. Thursday’s announcement comes amid a concerted push by nearly every major player in the AI space to invest heavily in AI in the new year....