October 30, 2026
Amazon is spending $220 billion a year on AI capacity, pushing free cash flow negative

AWS grew 39.3% year over year to $45.98 billion. Amazon will spend about $220 billion on buildout in 2026 and promises more in 2027.
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October 30, 2026

AWS grew 39.3% year over year to $45.98 billion. Amazon will spend about $220 billion on buildout in 2026 and promises more in 2027.
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