The American company Amazon will invest $ 100 billion in the development of artificial intelligence (AI) technologies by 2025. The amount is significantly more than competitors Alphabet and Microsoft, the Financial Times (FT) specifies.
The majority of these funds are directed to the cloud company Amazon Web Services, which runs data centers and offers software tools to customers.
Amazon's huge plans for spending on AI mirror those of other technology giants competing for dominance in the fast-growing industry. However, they are now forced to adjust their plans due to the unexpected success of the Chinese company DeepSeek in developing its chatbot.
On January 20, the Chinese company DeepSeek released a new version of its chatbot R1, which it claims is better than the improved version of ChatGPT from the American company OpenAI. At the same time, the developers of the Chinese chatbot, as experts note, spent much less money than OpenAI. The chatbot quickly gained popularity among users around the world and caused fluctuations in stock markets amid investor concerns that the leaders of Western AI may be overvalued.