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Interview2026-01-20
Asked about OpenAI's very large announced infrastructure agreements, Jassy says he cannot always follow the terms of those deals.
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Andy Jassy · CNBC Television · Amazon CEO Andy Jassy: 'Unprecedented' how much AI compute is being consumed right now
“AND, YOU KNOW, I DON'T KNOW THE DETAILS OF ALL THOSE DEALS. SOMETIMES WHEN I GET A CHANCE TO LOOK AT THEM, I, YOU KNOW, I HAVE A HARDER TIME MAKING SENSE OF THEM ALL. AND I JUST DON'T KNOW WHICH ONES ARE GUARANTEED TO SPEND THOSE AMOUNTS AND WHICH ARE OPTIONS TO SPEND THOSE AMOUNTS.”
Key terms
- options to spend
- — An arrangement that gives a company the right, but not the obligation, to spend a stated amount later.
Educational summary of a public statement. Not investment advice.