Amazon's Double Or Nothing Gamble on AI and Cloud Amazon's relentless pursuit of dominance in the cloud and artificial intelligence (AI) spaces has put it at a crossroads.
The company's unprecedented investments in these areas have raised questions about their sustainability, with investors watching closely as earnings reports approach.
The numbers are stark: Amazon's capital expenditures reached $44. 2 billion in the first quarter, up 77% from a year ago, and are expected to hit $49. 3 billion in the second quarter.