Why Amazon Must Keep Spending On AI
Amazon’s ai spending plans keep stock from joining tech rebound. Amazon is switching to spending after years of cost cutting; Shares have trailed other megacap tech. In response, amazon has partnered with the likes of anthropic and offered startups free credits that cover the cost of using major ai models to boost the market share of its ai. Amazon. com (amzn) is expected to join google (goog) and microsoft (msft) on thursday in reporting a surge in capital spending on artificial intelligence as big tech.
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