Amazon will spend $ 100 billion this year this year

The Internet giant Amazon was the last among the largest players in the cloud computing market that performed in this quarter with reports for the previous one. The company’s capital costs this year are planned to increase from $ 83 to $ 100 billion, thereby bypassing competitors in the person of Microsoft, Google and Meta✴ Platforms.

Image source: Amazon

Recall that the latter is going to spend from $ 60 to $ 65 billion this year on the development of its infrastructure, the Alphabet (Google) holding was allocated $ 75 billion, and the Microsoft corporation was repented by $ 80 billion. As you can see, AWS is ready to head this rating with a great . According to the Director General of Andy Jassy, ​​the bulk of the capital costs of Amazon this year will be aimed at developing the AWS division infrastructure.

The head of Amazon tried to convince investors that the increase in capital costs is worth it, calling the current moment a “business capacity that is given once in his life.” Such a solution meets the interests of both business and customers of Amazon, as well as the shareholders of the company, according to its manager. Some of the capital costs will nevertheless be aimed at developing the trade business in order to increase the speed of delivery and reduce the cost of customer service.