AI Infrastructure spending continues to surge in spite of Deepseek

Amazon will invest $100 billion in infrastructure this year, mostly in artificial intelligence, undermining suggestions that demand for computing power would fall after Chinese firm DeepSeek revealed a low-cost AI model.

The 29% hike in spending comes as other Big Tech firms boost AI investment, and supports the argument that “falling technology costs actually lead to greater spending on technology,” a phenomenon known as Jevon’s paradox, The Information argued.

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Full article: https://www.semafor.com/article/02/07/2025/amazon-invests-100b-as-ai-race-shows-no-sign-of-slowing

big tech spending more not less on AI.

I'm long NVDA, ORCL, AMZN.