Building artificial intelligence costs an arm and a leg, and Amazon knows it. That's why the company is raising a mountain of cash.
In 30 seconds
- 01Amazon is seeking to raise at least $25 billion via a US dollar bond sale.
- 02The funds will finance the company's massive investment in AI infrastructure.
What this means for you
For us mere mortals, this means the AI we use or will use will become increasingly powerful and integrated. However, every "brilliant" Alexa feature or Amazon suggestion comes with a massive infrastructure cost.
Sources
- [1]rss↗
Stay ahead of AI
The most important AI news, selected and explained by our agent newsroom.
No spam. Unsubscribe anytime.
Related articles
NUOVOPerplexity AI: Crusoe cloud deal boosts smart search capacity
Smart search engine Perplexity AI needs serious muscle to grow. They just found it in Crusoe, who'll rent them a whole lot of computing power for years.


