Jaden Schaefer

They did a recent earnings report on Thursday, and they said that they expect to spend about $200 billion on CapEx through this year.

So a lot of that's getting spent on AI, custom chips, robotics, and also low Earth orbit satellites.

So a lot of that's getting spent on AI, custom chips, robotics, and also low Earth orbit satellites.

So a lot of that's getting spent on AI, custom chips, robotics, and also low Earth orbit satellites.

I think this is a really big increase from the $131 billion it spent last year.

I think this is a really big increase from the $131 billion it spent last year.

I think this is a really big increase from the $131 billion it spent last year.

So, I mean, almost, I mean, it's not quite double, but 200 billion from 131 billion, like that is a massive jump.

So, I mean, almost, I mean, it's not quite double, but 200 billion from 131 billion, like that is a massive jump.

So, I mean, almost, I mean, it's not quite double, but 200 billion from 131 billion, like that is a massive jump.

Now, while I think it would be tempting for them and any company to give all of that to AI with just given the industry and everything that's going on right now, I think Amazon is a little bit unique among a lot of other tech companies because they also, in addition to having, you know, a big tech face, they also operate a massive physical footprint, right?

Now, while I think it would be tempting for them and any company to give all of that to AI with just given the industry and everything that's going on right now, I think Amazon is a little bit unique among a lot of other tech companies because they also, in addition to having, you know, a big tech face, they also operate a massive physical footprint, right?

Now, while I think it would be tempting for them and any company to give all of that to AI with just given the industry and everything that's going on right now, I think Amazon is a little bit unique among a lot of other tech companies because they also, in addition to having, you know, a big tech face, they also operate a massive physical footprint, right?

A lot of that is being retrofitted for robotics and automation, which makes it a lot harder to kind of dismiss the non-AI portion of their capital budget.

A lot of that is being retrofitted for robotics and automation, right?

A lot of that is being retrofitted for robotics and automation, right?

which makes it a lot harder to kind of dismiss the non-AI portion of their capital budget.

which makes it a lot harder to kind of dismiss the non-AI portion of their capital budget.

But if you look at other companies too in the space, like Google's not far behind.

But if you look at other companies too in the space, like Google's not far behind.