Amazon Just Revealed How Much It’s Spending on AI. Even That Won’t Be Enough

On its recent earnings call, Amazon said AI demand is fueling faster AWS growth, but capacity still remains limited.

BY MOSES JEANFRANCOIS, NEWS WRITER @MOSESJEANS

Amazon is focusing on advancing its artificial intelligence services, which has paid off in the company’s most recent financial results for its second quarter. 

On Thursday, the company reported $200.6 billion in revenue, up 20 percent year-over-year and a 37 percent growth rate for AWS, the retailer’s massive cloud computing platform. AWS sales for the........

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