Amazon’s latest India investment comes as global tech companies race to expand AI infrastructure in the country.
Amazon CEO Andy Jassy may have been the source of security concerns that led Anthropic to cut off worldwide access to two models on Friday.
The e-commerce giant is making more money than expected from AWS but it’s also spending a lot, and will continue to do so in the near term, its chief executive said.
Andy Jassy’s annual shareholder letter reads something like a diss track to a wide range of competitors as he defends spending $200 billion in capex.
This is Amazon’s second layoff after the company cut 14,000 corporate jobs in October.
Jassy said on Tuesday that while Amazon is trying to keep prices low, price hikes may be unavoidable in some cases.