Amazon conference call: While laying off employees, it makes a massive bet of hundreds of billions on AI. The CEO says, "The faster we increase capacity, the faster we can monetize."
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Amazon announced that its capital expenditures will reach $125 billion in 2025 and continue to grow, confidently stating: "The faster we increase capacity, the faster we can monetize." In terms of AI chips, the company is not only collaborating closely with NVIDIA to ensure supply but is also vigorously developing its self-developed chip Trainium, which has grown to a scale of several billion dollars. Regarding the $1.8 billion severance costs due to layoffs, it emphasized that this move aims to reshape the company culture
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