"Earlier that month Amazon announced that it was planning to invest $10 billion toward building a campus in North Carolina to expand its cloud computing and artificial intelligence infrastructure. Since 2024 started, Amazon has committed to about $10 billion apiece to data center projects in Mississippi, Indiana, Ohio and North Carolina as it ramps up its infrastructure to compete with other tech giants to meet growing demand for artificial intelligence products."
""If you believe your mission is to make customers' lives easier and better every day, and you believe that every customer experience will be reinvented with AI, you're going to invest very aggressively in AI, and that's what we're doing. You can see that in the 1,000-plus AI applications we're building across Amazon. You can see that with our next generation of Alexa, named Alexa+," he said."
Amazon will cut about 14,000 corporate jobs while increasing investment in artificial intelligence and cloud infrastructure. CEO Andy Jassy anticipated generative AI would reduce the corporate workforce in the next few years and reported more than 1,000 generative AI services and applications in progress, calling that a small fraction of planned work. Amazon committed roughly $10 billion apiece to multiple data-center projects and a $10 billion campus in North Carolina to expand AWS and AI capacity. The company is reducing bureaucracy, shifting resources to AI priorities, and competing with OpenAI, Google and Microsoft to grow AWS.
Read at ABC7 Los Angeles
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