Amazon – Image by bluestork via Shutterstock
Amazon (AMZN) is not just a retail giant anymore. It has become one of the biggest names in cloud computing and AI infrastructure, and that is where the real debate is now. Tech investors have spent the past few months trying to separate the AI winners from the AI spenders, and Amazon sits right in the middle of that conversation. On one side, it is pouring money into data centers and custom chips.
On the other hand, it says that spending is tied to long-term demand. That is why Andy Jassy’s latest remarks about Trainium matter so much. He said Amazon’s chip business could eventually generate $50 billion in annual revenue on its own. That is not a small side project. It could become one of the most important parts of the Amazon story.
Amazon has always had more than one engine. It sells goods, rents cloud capacity, runs ads and…
