The company boosted its 2026 capital expenditures to $200 billion, with most of the spending going to data centers.
13don MSN
Amazon CEO Andy Jassy defends $200B spending plan: 'This isn't some sort of quixotic top-line grab'
Amazon's cloud unit posted its fastest growth in more than three years, but the company's plan to spend $200 billion on ...
Jassy was Jeff Bezos' shadow in the early 2000s before going on to lead Amazon Web Services.
Amazon is still the cloud computing leader.
SEATTLE, Wash. (CNN) - An Amazon executive is sharing the reason why he believes prices on many items the retailer offers have gone up in recent months. Amazon CEO Andy Jassy said Tuesday that higher ...
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