Amazon CEO Jassy - ’we have a lot of demand for AI’

Published 27/02/2025, 18:18
© Reuters.

Investing.com -- Amazon (NASDAQ:AMZN) CEO Andy Jassy, in a recent interview with CNBC’s Jon Fortt, discussed the growing demand for AI chips, suggesting that the company could monetize any additional capacity it might have.

In the interview, Jassy acknowledged that Nvidia (NASDAQ:NVDA) continues to be an important partner for Amazon and he anticipates this partnership to continue for the foreseeable future. At the same time, he noted a shift in demand for AI chips, GPUs, and accelerators as Amazon has introduced more efficient models in Nova.

Jassy highlighted the high demand for Amazon’s instances that utilize Trainium chips, Nvidia chips, and AMD (NASDAQ:AMD) chips. He stated that if Amazon had more capacity than its current substantial amount, the company could turn it into a revenue stream.

When asked if this applied specifically to Nvidia, Jassy clarified that it pertained to all chips. He explained that while a single chip has been predominantly used during the initial years of the generative AI revolution, he expects that over time, people will use a variety of chips.

He expressed confidence that Trainium would be one of the chips widely used on Amazon’s platform, alongside Nvidia. However, how this mix would evolve over time remains to be seen.

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