Amazon's $100 Billion AI Bet: Bold Move or Too Much?

Amazon ((AMZN) didn’t hold back during Thursday’s earnings call, unveiling a capital spending program that stunned investors. The e-commerce and cloud computing giant not only reported stronger-than-expected quarterly earnings but also delivered 10% year-over-year sales growth—right in line with analyst projections.But the real headline was Amazon’s AI investment plans. In the most recent quarter, Amazon spent a staggering $26.3 billion on capital expenditures, signaling an intent to maintain that pace. Tha ...