🧬 Interested in pharma, biotech and medical device news? Visit PharmaDeviceNews.com →
Browsing Tag

Andy Jassy

13 posts
Read More

Amazon AWS growth hits 39% as $220bn AI spending plan drives $42.4bn cash deficit

Amazon reported record operating profitability as Amazon Web Services accelerated to nearly 40% growth, but its trailing free cash flow fell into a $42.4 billion deficit. Management expects approximately $220 billion in cash capital expenditure during 2026, raising questions about the timing and financial returns of its enormous AI infrastructure investment.