<ul><li>Amazon plans to spend over $100 billion on capital expenditures in 2025, with the majority going towards building out artificial intelligence capacity in Amazon Web Services.</li><li>Amazon CEO Andy Jassy believes that the trend of cost efficiencies in AI will drive an increase in overall AI demand.</li><li>Jassy compares the AI opportunity to the biggest shifts in technology such as cloud and the internet.</li><li>While Amazon's capital spending includes areas beyond AI, such as e-commerce and retail, it is still expected to surpass the capital expenditures of Microsoft and Google.</li></ul>

Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand

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