Amazon to spend $100 billion on artificial intelligence.
The American company Amazon plans to invest $100 billion in the development of artificial intelligence by 2025, which surpasses the amounts invested by its competitors Alphabet and Microsoft. Most of this money will be directed towards the development of Amazon Web Services, which works with cloud technologies. According to the Financial Times, such a large investment indicates a global competition among tech giants in the field of artificial intelligence.
However, Amazon is feeling some pressure from its Chinese competitor DeepSeek. Their chatbot R1 has been much more popular than the advanced version from the American company OpenAI. This success has raised concerns among investors in global markets, as they worry that Western leaders in this field may be overvalued due to the success of the Chinese competitor.
In the USA, employees have been banned from installing the Chinese application DeepSeek, and the DeepSeek chatbot has also been removed from the official Apple and Google stores in Italy.
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