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Amazon could have made more money last quarter if it had been able to keep up with demand for computing power, according to its CEO. “It is true we could be growing faster were it not for some of the constraints on capacity,” Andy Jassy told analysts on the firm’s fourth-quarter earnings call Thursday. 

In an effort to catch up, the e-commerce and tech giant plans to invest roughly $100B on its cloud computing business in 2025, with the majority of the capital expenditure going towards data centers, internal chip manufacturing and equipment acquisitions.