Hard Numbers: Amazon’s spending blitz, Cal State gives everyone ChatGPT, a $50 AI model, France and UAE shake hands

​The Amazon logo is being displayed on a smartphone in this photo illustration in Brussels, Belgium, on June 10, 2024.
The Amazon logo is being displayed on a smartphone in this photo illustration in Brussels, Belgium, on June 10, 2024.
Jonathan Raa/NurPhoto via Reuters
100 billion: Amazon disclosed plans on Thursday to spend $100 billion this year to capitalize on a “once-in-a-lifetime type of business opportunity” in artificial intelligence. That would represent a 20% increase in the company’s capital expenditures from 2024 when it spent $83 billion. “The vast majority of that capex spend is on AI for AWS,” CEO Andy Jassy told investors.

500,000: More than half a million new people will gain access to a specialized version of ChatGPT after OpenAI struck a deal with California State University, which has 460,000 students and 63,000 faculty members across 23 campuses. Students and faculty will be able to use a specialized version of the chatbot that can assist with tutoring, study guides, and administrative tasks for staff. The price of the deal is unclear.

50: Researchers at Stanford University and the University of Washington trained a large language model they say is capable of “reasoning” like the higher-end models from OpenAI and Anthropic. The catch? They did it while spending only $50 in compute credits. The new model, called s1, is “distilled” from a Google model called Gemini 2.0 Flash Thinking Experimental, a process that allows training fine-tuned models based on larger ones.

1: France and the United Arab Emirates struck a deal to develop a 1 gigawatt AI data center on Thursday, ahead of the Artificial Intelligence Action Summit in Paris. It’s unclear where the data center will be located, but the agreement means that it will serve both French and Emirati AI efforts.

More from GZERO Media

- YouTube

Tensions in the Middle East escalate as Israel launches a surprise military strike against Iran, prompting international concern and speculation about broader conflict. In his latest Quick Take, Ian Bremmer calls Israel’s strike on Iran “a huge success for the Israelis” and a significant blow to Iran’s regional influence.

Iranian policemen monitor an area near a residential complex that is damaged in Israeli attacks in Tehran, Iran, on June 13, 2025.
Morteza Nikoubazl/NurPhoto

Israel bombed Iran’s nuclear facilities Thursday night, causing “significant damage” at the country’s main enrichment plant, killing leading Iranian military figures and nuclear scientists, and sparking fears that the Middle East is on the verge of a wider war.

A tank on display at a park in Washington, D.C., on June 12, 2025, two days ahead of a military parade commemorating the U.S. Army's 250th anniversary and coinciding with President Donald Trump's 79th birthday.

Kyodo via Reuters Connect

The official reason for this weekend’s military parade in Washington DC is to commemorate the 250th anniversary of the US Army – but the occasion also just happens to fall on President Donald Trump’s 79th birthday.