Last updated: 2026-02-06 02:50:49 ET
Amazon's blowout $200 billion AI spending plan stuns Wall Street
CEO Andy Jassy struck a defiant tone in the company's conference call to discuss results, swiping at competitors and boasting about AWS's many new off...
Financial-data stocks were big losers as investors worried about the threat AI poses to tools for modeling and analysis.
The startup -- with backing from Accel -- is building a financial layer that handles the authentication and micro-payments required for AI agents.
During the company's fourth-quarter earnings call on Thursday, it offered an update on its plans to merge traditional and AI search together and hinted that although search is not yet monetized, "it's an enormous market and opportunity."
AWS recorded its best quarter, in terms of revenue growth, in 13 quarters in Q4 2025 as AI drives AWS adoption.
The company also said it expects capital expenditures to hit roughly $200 billion in 2026, compared with analysts estimated $146.6 billion.
In 2026, Amazon plans to spend $200 billion in capex. Google is just behind at $175 billion to $185 billion. It's a lot of money!
Shares in the tech giant fell in after hours trade as investors appeared wary of the sector's big spending plans.
Researchers from Stanford, Nvidia, and Together AI have developed a new technique that can discover new solutions to very complex problems. For exampl...
