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Hosted on MSNHard Numbers: Amazon’s spending blitz, Cal State gives everyone ChatGPT, a $50 AI model, France and UAE shake handsAmazon disclosed plans on Thursday to spend $100 billion this year to capitalize on a “once-in-a-lifetime type of business ...
Competition from China’s DeepSeek has accelerated the rollout of artificial intelligence assistants that show their “thinking” when answering queries.
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
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