Amazon’s last quarter CAPEX was $ 26.3 billion last quarter, with growth set to continue
The company plans to spend big on AI projects in 2025 to keep up with rivals
Microsoft and Google also spend more on AI
Amazon’s CEO seems to have indirectly revealed that the company is planning to allocate about $ 100 billion to capital costs in 2025, with large parts of the money intended for AI.
The news comes as e-commerce and the cloud computing giant announced its financial results in the fourth quarter and the end of the year.