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Amazon's Cloud Business Is Surging — and so Is Its Capital Spending

AWS net sales climbed 28% to $37.6 billion as Amazon increased spending on data centers, chips and servers to meet AI demand.

Summary by TechCrunch
The e-commerce giant is making more money than expected from AWS but it's also spending a lot, and will continue to do so in the near term, its chief executive said.

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Bias Distribution

  • 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
34% Left

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Bloomberg broke the news in United States on Wednesday, April 29, 2026.
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