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Amazon's CEO is even more bullish on the AI opportunity
- Amazon CEO Andy Jassy emphasized aggressive investment in AI during a call with analysts.
- Amazon plans to spend $75 billion on capital expenditures this year, mostly for its cloud unit.
- Amazon's AI services are rapidly growing and expected to generate multi-billion dollars in revenue this year.
- Customers are showing strong demand for AWS's AI chips, prompting the need for increased production.
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