Amazon Invests $10 Billion in AI and Cloud Infrastructure

Amazon has announced a massive $10 billion investment in AI and cloud infrastructure, signaling its commitment to maintaining leadership in the rapidly evolving tech landscape. The investment will focus on expanding data center capacity and developing advanced AI capabilities. While no longer CEO, Jeff Bezos remains executive chairman and a major influence on Amazon's strategic direction. The company's cloud division, AWS, continues to be a major profit driver. 'This investment positions Amazon at the forefront of the AI revolution,' said current CEO Andy Jassy. 'We're building the infrastructure that will power the next generation of innovation.' The announcement comes as tech giants race to dominate the AI market, with Amazon competing against Microsoft, Google, and others for enterprise customers.