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Amazon.com says ‘as fast as we’re bringing in capacity, we’re monetizing it’

Says expects over a gigawatt of capacity coming in Q4. Says Trainium2 has become fully subscribed. Says has “very deep relationship” with Nvidia (NVDA) and “not constrained in any way” when buying from them. Says recent layoff announcement was due to culture reasons, not financial or AI-driven. Expects to invest “very significantly” in robotics.

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