Amazon Goes All-In on AI With $200B CapEx, Drowning Out Delivery Wins

Amazon outdid its Big Tech competitors by setting a bold target to invest $200 billion in capital expenditures across the company in 2026, as the e-commerce giant plans on aggressively bolstering artificial intelligence (AI) spending, namely to power cloud computing platform Amazon Web Services (AWS). The announcement stunned Wall Street, with company stock selling off almost 10 percent in early trading Friday. The volatile price movement capped off a weeklong fire sale across tech companies as investors ...