As Amazon doubles down on artificial intelligence, its cloud chief insists the company knows exactly what it’s doing, even as pink slips fly. Amazon Web Services (AWS) CEO Matt Garman says the tech giant feels β€œquite good” about pouring billions into AI infrastructure, despite growing warnings that the industry could be heading for a bubble. In a recent interview with CNBC, Garman brushed off concerns, suggesting Amazon’s investments are far from reckless. β€œOthers may have maybe more speculative investments,” he said.

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