Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...

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Amazon (AMZN) is going all-in on artificial intelligence, planning to pour over $100 billion into AI infrastructure in 2025.

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors. By Karen Weise Karen Weise has covered Amazon from Seattle since 2018.

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Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.