In a world where AI is the new gold rush, Amazon CEO Andy Jassy is not just jumping on the bandwagon—he’s driving it full speed ahead 🚀. In his latest shareholder letter, Jassy didn’t mince words: companies must invest “aggressively” in AI today or risk being left in the dust tomorrow. With Amazon planning to pour over $100 billion into capital expenditures by 2025, mostly for AWS AI capabilities, it’s clear they’re putting their money where their mouth is.
Jassy’s vision? AI is a “once-in-a-lifetime reinvention of everything we know.” And with demand skyrocketing, the time to act is now. The biggest expenses? Data centers and chips, especially those pricey AI ones. But here’s the kicker: Jassy believes costs will drop over time, thanks to innovations like Amazon’s own Trainium2 chips, which boast 30%-40% better price-performance than current GPUs. 😮
But it’s not just about throwing cash at the problem. Jassy predicts a shift in AI economics, with future savings coming from making inference—running AI models—cheaper and more efficient. With over 1,000 generative AI apps in the works and AI revenue growing at triple-digit rates, Amazon is all in. The message is clear: in the AI race, hesitation is the only losing strategy.
