Amazon is pouring $220 billion into infrastructure this year—yes, that’s right—mostly to fuel its AI ambitions. While the company claims it’s due to rising memory costs, the real story is a bold, long-term play to dominate the AI market. The massive spending is temporarily eating up cash flow, but CEO Andy Jassy says it’s all part of building future-proof data centers ahead of exploding demand. He admits they won’t have enough capacity to meet AI needs until 2027—and that’s okay. Because AWS could eventually hit $1 trillion in annual revenue, making AI not just a trend, but Amazon’s next multi-decade growth engine.
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