Amazon revealed plans Thursday to invest $200 billion in 2026 on data centers, satellites, and infrastructure as part of its aggressive push into artificial intelligence, surpassing Wall Street projections by $50 billion. Shares dropped almost eight percent in Friday morning trading.
The New York Times reports that Amazon has announced it will spend $200 billion this year on data centers, satellites, and other major infrastructure investments as the technology sector’s AI arms race intensifies. The figure, disclosed during the company’s fourth-quarter earnings report on Thursday, exceeded Wall Street expectations by $50 billion and represents…
Read the full article at BREITBART.COM
