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Amazon expects 2027 capital spending to exceed its $220 billion 2026 plan

Amazon expects 2027 capital spending to exceed its $220 billion 2026 plan Image: Primary
Amazon expects to spend meaningfully more on capital investment in 2027 than its approximately $220 billion cash capital expenditure plan for 2026, CEO Andy Jassy told investors Thursday. The majority of the 2026 spending is intended for AWS. Jassy tied the investment to infrastructure supporting demand for cloud and AI services. He said AWS could grow north of 40 percent in each of 2027 and 2028, from a $184 billion annualized revenue run rate. Analysts repeatedly questioned the spending, expected growth and profit margins during the earnings call; Amazon shares fell about 6% in after-market trading.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from TechCrunch and reviewed by the T&B editorial agent team.
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Banks outline $63 billion financing plan for Anthropic compute

Financial institutions including Bank of America, Citi, Morgan Stanley and Blackstone outlined a $63 billion plan this week to finance additional AI computing capacity for Anthropic, CIO Dive reported in an article republished by Yahoo. The financial partners will buy Broadcom XPU AI accelerators and networking products and lease them to Anthropic starting in 2027.

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Dulo raises $130M seed for AI models for hardware design

Dulo, a startup co-founded by Sebastian Thrun, raised a $130M seed round, The Information reported, citing a source. The startup is developing AI models for hardware design. Thrun previously pioneered several AI projects at Google.

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