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AMZNInterview2026-01-20
Jassy describes the current pattern in which AI labs seek funding for computing power and the firms selling that computing power also take stakes in them.
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Andy Jassy · CNBC Television · Amazon CEO Andy Jassy: 'Unprecedented' how much AI compute is being consumed right now
“AND SO THEY'RE TRYING TO FIND WAYS TO FUND THAT COMPUTE. AND I'D SAY A LOT OF THE COMPANIES WHO PROVIDE THAT COMPUTE WANT TO BE, YOU KNOW, WANT TO SERVE THOSE CUSTOMERS AND THEN HAVE OPPORTUNITIES TO ALSO INVEST IN THOSE COMPANIES, AS THOSE COMPANIES ARE LOOKING TO FIND WAYS TO, TO FUND WHAT THEY'RE DOING.”
Key terms
- compute
- — Shorthand for computing power — the processors and data centre capacity used to run and train software.
- AI labs
- — Companies whose main business is building advanced artificial intelligence models, such as Anthropic or OpenAI.
Educational summary of a public statement. Not investment advice.