Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft

Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s 0 billion AI spending spree to fight Google and Microsoft

For much of Amazon’s early history, investors and competitors knocked the online retailer for its seeming inability to generate profits. Even as recently as 2014, just a decade ago, the tech giant was unprofitable.

But after posting a…

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