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Amazon Spending Soars on Effort to Meet Demand for AI Services

Bloomberg Technology Thursday 29 October 2026, 20:15 UTC By Matt Day 1 min read
Key Points

Big Tech Amazon Spending Soars on Effort to Meet Demand for AI Services Amazon.com Inc. spent more than $77 billion on property and equipment in the third quarter, far more than analysts’ estimates, while pursuing its effort to build data centers and fulfill demand for artificial intelligence services. The company’s spending led to a free cash outflow of $42.4 billion. The company also reported revenue gained 12% to $201.9 billion.

Big Tech Amazon Spending Soars on Effort to Meet Demand for AI Services Amazon.com Inc. spent more than $77 billion on property and equipment in the third quarter, far more than analysts’ estimates, while pursuing its effort to build data centers and fulfill demand for artificial intelligence services. The company’s spending led to a free cash outflow of $42.4 billion. The company also reported revenue gained 12% to $201.9 billion. While sales at its cloud unit, Amazon Web Services, accelerated for the sixth straight quarter, there were signs of sluggish growth in its core online business.
Amazon Spending Soars (ORG) Meet Demand for AI Services (ORG) Amazon.com Inc. (ORG) Amazon Web Services (ORG)
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