
AMAZON IS SPENDING $220 BILLION ON AI, BUT CLOUD CAPACITY STILL ISN’T ENOUGH—CLAIMS A REDDIT USER. A user on r/stocks writes that Amazon CEO Andy Jassy stated that AWS’s core cloud capacity is largely booked through 2027, with a significant portion of 2028 already reserved. The company plans to spend approximately $220 billion this year. Simply put: customers are waiting in line for cloud space, but the bill for expansion is enormous. The author wonders whether this surge in AI demand will ever translate into the profits investors are counting on. Amazon’s earnings are set to be released on October 29, so there’s plenty to watch. The question is: is this a visionary investment—or already a slight overreach? XD Source: https://t.co/rl8BnIi3OE