The post Amazon CEO Andy Jassy Just Made a $200 Billion Bet on AI. Here’s How He’ll Win appeared first on 24/7 Wall St..
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Amazon (AMZN) deployed $44.2B in Q1 capex (up 77% year over year) while AWS revenue jumped 28% to $37.6B annualized, backed by a $364B backlog including $225B in Trainium commitments and $100B+ from Anthropic, with EPS beating estimates by 61% at $2.78 versus $1.73 expected.
CEO Andy Jassy is betting the $200 bil…