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Amazon Banking on Robotics Savings Amid Increased AI Spending

  • Amazon is increasing its AI spending while aiming to derive savings from its robotics investment.
  • The company expects to spend $35 billion on its retail network, including robotics-powered warehouses, to improve efficiency and delivery speeds.
  • Approximately a quarter of Amazon's $100 billion spending this year will be allocated to automation in its eCommerce business.
  • By investing in automation, Amazon seeks to drive cost savings and enhance its fulfillment operations.

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