Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
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Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.