‘100 billion dollar’ investment in AI infrastructure-forecast disappointed

Amazon wants to invest around $ 100 billion in infrastructure this year – mostly to the expansion of data centers for artificial intelligence. The demand from IT customers for resources for this is so great that the Cloud division AWS meets capacity bottlenecks, said Amazon boss Andy Jassy when presented by current quarterly figures. Amazon is not only the world’s largest online retailer, but also the leading provider of cloud infrastructure.

In the past quarter, Amazon already invested $ 26.3 billion (25.3 billion euros) in the expansion of its infrastructure. Jassy promised that the bottlenecks with additional chip deliveries and better energy supply in the second half of the year. Also the software giant Microsoft who cooperates with the Chatgpt developer Openai, complained last week that he did not have enough capacity for the AI ​​needs of his customers.

Forecast disappointed

Meanwhile, Amazon disappointed the stock exchange with its forecast for the current quarter. The stock fell by a good four percent in the post-exchangeable US trade. In the Christmas quarter, on the other hand, the world’s largest online retailer with his key data exceeded the expectations of the analyst: inside.

Sales increased by ten percent to $ 187.8 billion in the past quarter of the year. The profit was almost doubled at $ 20 billion. The revenue of the Cloud division AWS, which benefits from the AI ​​boom, rose by 19 percent to 28.8 and was therefore in the context of expectations.

For the current quarter, however, Amazon predicted sales between 151 and $ 155.5 billion. Analyst: On average, an average of a forecast of over $ 158 billion had assumed. Amazon pointed out that the strengthened dollar would probably make the revenues from the international business appear lower.