Amazon Will Spend Nearly a Year of AWS Revenue on AI Investments

There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model builders who are partnering with their new sugar daddies to be able to afford to build vast AI accelerator estates to push the state of the art in model capabilities and intelligence.

It looks like Amazon, through its Amazon Web Services cloud, is winning the AI budget bonanza game. On a conference call with Wall Street analysts going over the fourth quarter 202

(TNP)

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