<ul><li>Amazon CEO Andy Jassy announces $26 billion quarterly investment in AI and retail overhaul.</li><li>The company plans to develop AI capabilities for Amazon Web Services (AWS) with consistent spending throughout 2025.</li><li>Amazon emphasizes the importance of generative AI (GenAI) and its second-generation Tranium AI chips.</li><li>Q4 2024 results show revenue of $187.8 billion, while Q1 2025 guidance reflects caution due to factors like soft consumer demand and foreign exchange headwinds.</li></ul>

Amazon Pledges $26B Quarterly for GenAI and Retail Overhaul

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