Key Takeaways Amazon plans $200B in 2026 capex, up 52% from 2025, despite record Q4 revenues.Free cash flow fell to $11.2B as capex consumed most operating cash flow in 2025.Alphabet targets up to $185B capex as Alibaba commits $53B over three years.Amazon's (AMZN) fourth-quarter 2025 earnings delivered a record $213.4 billion in revenues, up 14% year over year, with Amazon Web Services posting $35.6 billion in quarterly revenues, representing a 24% increase that marked the unit's fastest growth in 13 quart ...

"We think they'll be one of the big winners in AI, we can help them grow, and we believe we'll earn a strong return for Amazon over the long term," said Amazon CEO Andy Jassy. ...

Core Insights - OpenAI's valuation has reached $730 billion, which is more than double its valuation from a year ago [1] - Despite the high valuation, OpenAI's financial performance is significantly lower compared to its public peers [1] Financial Comparison - OpenAI's financials are described as "pale" in comparison to those of publicly traded companies in the same sector [1]

OpenAI said on Friday it is raising $110 billion in a blockbuster funding round that would value the ChatGPT maker at $840 billion, in a deal that signals the feverish pace of investment in artificial... ...

The A report showing that inflation at the U.S. wholesale level was at 2.9% last month, much higher than the 1.6% that economists expected, upset the market. The number was so much worse than expected that it could help persuade the Federal Reserve to hold off longer on its cuts to interest rates.Lower rates would give the economy and prices for investments a boost, but they risk worsening inflation at the same time.The discouraging data layered more worries atop a Wall Street where investors returned to k ...

Amazon.com Inc. (NASDAQ:AMZN) and OpenAI announced a sweeping multi-year strategic partnership Friday morning, with Amazon committing to invest $50 billion in the ChatGPT maker, starting with an initial $15 billion, followed by another $35 billion when certain conditions are met. A New Layer For Cloud AIAt the heart of the deal is a jointly developed Stateful Runtime Environment powered by OpenAI’s models, set to be available through Amazon Bedrock. Unlike traditional cloud AI integrations, stateful environ ...

Amazon Web Services will be the exclusive third-party cloud distribution partner for OpenAI Frontier. ...

Core Viewpoint - Amazon plans to invest a total of $50 billion in OpenAI, starting with an initial investment of $15 billion, followed by an additional $35 billion in the upcoming months [1] Business - The investment signifies Amazon's commitment to artificial intelligence and its potential applications within its operations [1] - This move may enhance Amazon's competitive position in the tech industry, particularly in AI development and deployment [1]

Core Insights - OpenAI has successfully closed a $110 billion funding round, significantly surpassing its previous record raise of $50 billion from a year ago [1] - The funding round includes major investments from Amazon ($50 billion), Nvidia ($30 billion), and SoftBank ($30 billion), elevating OpenAI's pre-money valuation to $730 billion, up from $500 billion in October [2] - OpenAI aims to expand its global reach and strengthen its infrastructure through these partnerships, enabling broader access to frontier AI technologies [3] Financial Strategy - OpenAI has indicated a target of approximately $600 billion in total compute spending by 2030, following earlier statements from CEO Sam Altman regarding $1.4 trillion in infrastructure commitments [5] - The company is providing a more conservative estimate and timeline for its planned spending amid concerns about the feasibility of its expansion ambitions relative to expected revenue [5] Industry Impact - Since the launch of ChatGPT over three years ago, OpenAI has significantly influenced the technology sector and established the generative AI era [4] - Continuous funding is essential for OpenAI to support its ambitions, particularly in acquiring graphics processing units and enhancing its infrastructure [4]

Core Insights - Amazon has appointed Peter DeSantis as its new artificial intelligence czar, highlighting the company's commitment to advancing its AI initiatives [1] Group 1 - Peter DeSantis is described as a larger-than-life figure within Amazon, indicating his significant influence and presence in the company [1]