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The Guardian - US
The Guardian - US
Technology
Blake Montgomery and agency

Amazon reveals plans to spend $200bn in one year the day after Bezos guts Washington Post

Amazon Post Jeff Bezos Andy Jassy FactSet
person wearing navy suit and red tie smiles
Jeff Bezos at Blue Origin in Cape Canaveral, Florida, on Monday. Photograph: Miguel J Rodriguez Carrillo/AFP/Getty Images

Amazon announced plans to spend $200bn on artificial intelligence and robotics this year, the latest tech giant to vow fresh enormous investments in the artificial intelligence arms race.

The news of the investment comes one day after the Washington Post, owned by Amazon founder Jeff Bezos, announced it was cutting approximately a third of employees.

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