Amazon

Amazon lifts its 2026 capital budget 10% to $220 billion as AWS posts its fastest growth in 18 quarters.

Amazon has reportedly eliminated an undisclosed number of roles in its artificial general intelligence unit as it concentrates resources on fewer AI projects.

AWS is expanding cloud infrastructure in India as enterprises move more workloads to cloud platforms and artificial intelligence systems.

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The deal includes a cloud commitment exceeding $100 billion and expanded use of Amazon’s custom AI chips.