Amazon says will spend over $100bn on cloud and AI in 2025

View of a US Amazon company shipping warehouse in the municipality of Apodaca, Nuevo Leon State, Mexic. (AFP)
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Updated 07 February 2025
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Amazon says will spend over $100bn on cloud and AI in 2025

  • Amazon spent $26.3 billion in the final quarter of last year on capital investments

SAN FRANCISCO: Amazon CEO Andy Jassy said Thursday the e-commerce giant was on track to invest more than $100 billion on cloud computing and artificial intelligence in 2025, as the high cost of AI becomes a growing concern on Wall Street.
Jassy told analysts on an earnings call that Amazon spent $26.3 billion in the final quarter of last year on capital investments “and I think that is reasonably representative of what you expect (as) an annualized capex rate in 2025.”


Protesters try to attack driver after truck speeds through anti-Iran demonstration in Los Angeles

Updated 12 January 2026
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Protesters try to attack driver after truck speeds through anti-Iran demonstration in Los Angeles

LOS ANGELES: Los Angeles police responded Sunday after somebody drove a U-Haul box truck down a street crowded with marchers demonstrating in support of the Iranian people, causing protesters to scramble out of the way and then run after the speeding vehicle to try to attack the driver.
The U-Haul truck, with its side mirrors shattered, was stopped several blocks away and surrounded by police cars. ABC7 news helicopter footage showed officers keeping the crowd at bay as demonstrators swarmed the truck, throwing punches at the driver and thrusting flagpoles through the driver’s side window.
The police department confirmed its officers were on the scene but didn’t immediately say if anyone was arrested.
Two people were evaluated by paramedics and both declined treatment, the Los Angeles Fire Department said.
Several hundred people had gathered Sunday afternoon in the Westwood neighborhood to protest against the Iranian theocracy. The LA police department eventually issued a dispersal order, and by 5 p.m. only about a hundred protesters were still at the scene, ABC7 reported.
Activists say a crackdown on nationwide protests in Iran has killed more than 530 people. Protesters flooded the streets in Iran’s capital of Tehran and its second-largest city again Sunday.