Amazon wants to spend $100 billion this year for ‘once in a lifetime' AI opportunity Amazon capex set to increase to $100 billion annually.
Speaking with investors on an earnings call, CEO Andy Jassy suggested Amazon may spend more than $100 billion in the year ahead: “We spent $26.3 billion in capex in Q4, and I think that is reasonably representative of what you expect an annualized capex rate in 2025.”.
Amazon's CEO appears to have indirectly revealed the company plans to allocate around $100 billion to capital expenditure in 2025, with much of the money destined for AI.
Google recently revealed it would be spending $75 billion this year, with Microsoft set to invest $80 billion.
It’s no surprise Amazon’s investments will far exceed its key hyperscaler rivals – Canalys has its market share at a staggering 33%; Microsoft and Google occupy 20% and 10% of the market respectively.
