- The last quarter of Amazon was $ 26.3 billion in the last quarter, with the growth that should continue
- The company plans to spend great on AI projects in 2025 to keep the pace of competitors
- Microsoft and Google also spend more for AI
The Amazon CEO seems to have indirectly revealed that the company’s plans allocate around $ 100 billion in capital expenses in 2025, with a large part of the money for AI.
The news comes while the electronic commerce and cloud computing giant has announced its financial results in the fourth quarter and at the end of the year.
Amazon’s income for the last three -month period of 2024 increased by 10% over a year to 187.8 billion dollars, increasing its annual income to $ 638.0 billion, up 11% compared to 2023.
Amazon will invest even more money in 2025
Its Amazon Web Services Cloud Divison represented approximately 15 to 17% of its income, depending on whether we take a quarterly or annual overview. The two periods experienced an increase of 19% from one year to another.
Speaking with investors in a call on results, CEO Andy Jassy suggested that Amazon could spend more than $ 100 billion in the coming year: “We spent $ 26.3 billion in capex in the fourth TRIME 2025. “
Although a lack of figures does not allow us to quantify daring claims, Jassy added: “The vast majority of these capex expenses are on AI for AWS.”
It is not only Amazon that seeks to increase its capital expenses to meet the demand for artificial intelligence. Google recently revealed that it would spend $ 75 billion this year, with Microsoft, it had to invest $ 80 billion.
It is not surprising that Amazon’s investments far exceed its main rivals of hyperscaler – Canalys has its market share at 33% narcotic; Microsoft and Google occupy 20% and 10% of the market respectively. Last month, Amazon unveiled an investment of $ 11 billion in data centers in Georgia.
The consensus is that the investment more will help make AI more accessible and to increase its use cases, thus bringing more money for companies.