Amazon CEO sees AI spending 'meaningfully' higher in 2027
Summary
Amazon will spend meaningfully more than $220 billion on AI infrastructure in 2027 even as free cash flow sinks.
Description from Techinsider.
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Amazon's cloud business grows 39%, but $42 billion in cash flows out: Is AI spending becoming too expensive?
Amazon Web Services revenue rose 39.3% to $46 billion in the third quarter, its fastest growth in nearly five years. But AI-driven capital spending is weighing on cash flow: free cash flow turned negative at $42.4 billion.
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Amazon CEO sees AI spending 'meaningfully' higher in 2027
Amazon will spend meaningfully more than $220 billion on AI infrastructure in 2027 even as free cash flow sinks.
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