Top executives at Amazon, Meta, Apple, and AMD have all reported major investments in AI capabilities and applications in their latest quarterly earnings calls. Amazon CEO Andy Jassy highlighted AI as "at the heart of what we do," and stated that the company is working to implement AI across all of its businesses.
Meta CEO Mark Zuckerberg boasted about the billions his company spent on AI infrastructure, which has resulted in better content recommendations and engagement on Facebook. Microsoft mentioned AI 175 times on its earnings call, securing a strategic partnership with OpenAI and later partnering with Meta to profit from the world’s largest open source LLM. AMD CEO Lisa Su expects new data center AI chips to launch by Q4 to tap into booming demand.
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