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12 Words From Amazon CEO Andy Jassy That Should Have Artificial Intelligence (AI) Investors Cheering
The Motley Fool·
Amazon raised its 2026 capex budget to $220 billion to build AI infrastructure, causing free cash flow to turn negative in the short term. CEO Andy Jassy justified the heavy spending by highlighting AWS's strong growth (37% revenue increase, 64% operating income jump) and revealing that AWS could become a trillion-dollar annual revenue business long-term, positioning the current investment as necessary rather than speculative.
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