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Amazon is investing hundreds of millions of dollars into its AI business, particularly through its Amazon Web Services (AWS) platform. The company plans to spend more than the approximately $125 billion allocated for 2025 in 2026 to develop its AI capabilities. AWS reported a 20% sales growth in the third quarter, driven by increased client adoption and new AI tool launches.
Additionally, Amazon holds a minority stake in Anthropic, the creator of the Claude large language model, and has recently launched Project Rainier, a massive AI compute cluster utilizing almost 500,000 chips. This positions Amazon favorably in the competitive AI landscape.
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