Amazon Defends Substantial AI Investments Amidst Skepticism
Amazon is countering investor doubts regarding its significant capital expenditures in AI and data center infrastructure, asserting that these investments are already yielding returns. CFO Brian Olsavsky and CEO Andy Jassy emphasize the immediate monetization of new AWS capacity, robust customer commitments, and the accelerating demand for AI-driven cloud services, despite short-term fluctuations in margins.