Amazon will spend a record $200 billion on capital expenditures in 2026. CEO Andy Jassy confirmed the plan targets artificial intelligence and Amazon Web Services (AWS) infrastructure.
The investment funds new data centers, custom chips, and robotics. Amazon aims to meet surging customer demand for AI workloads through these developments.
The company will finance the expansion using operational cash flow and significant debt. This move positions Amazon against other tech giants in the global AI arms race.
Key AI developers including Anthropic and OpenAI have made long-term commitments to use the new capacity. These partnerships signal strong future returns on the investment.