Amazon adds $200B to AI spend blitz

“We’re monetizing capacity as fast as we can install it,” said CEO Andy Jassy. The company joins Google and Microsoft in escalating 2026 capital expenditures.

Dive Brief: 

• Amazon will invest $200 billion in capital expenditures throughout its fiscal year 2026, with a primary focus on AWS, CEO Andy Jassy said during the company’s Q4 2025 earnings call Thursday. AWS segment sales grew 24% year over year to $35.6 billion for the period ending Dec. 31, 2025.
• Increasing demand is driving Amazon’s expanded capital expenditures, Jassy said, adding that he anticipates “strong long-term return on invested capital.” The funds are also earmarked for chips, robotics and low Earth orbit satellites. 
• “Customers really want AWS for core and AI workloads,” Jassy said. “We’re monetizing capacity as fast as we can install it.”