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Myb News · Oct 29, 2026

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Amazon is spending massive amounts of cash to build out AI infrastructure Amazon CEO Andy Jassy says AI spending will grow even higher in 2027. The company reported a negative cash flow of $42.4 billion for the trailing twelve months. This follows $75.9 billion in cash capital expenditures during the third quarter. AWS revenue still surged 39.3 percent year over year to $46 billion. For the full story

*Amazon is spending massive amounts of cash to build out AI infrastructure* Amazon CEO Andy Jassy says AI spending will grow even higher in 2027. The company reported a negative cash flow of $42.4 billion for the trailing twelve months. This follows $75.9 billion in cash capital expenditures during the third quarter. AWS revenue still surged 39.3 percent year over year to $46 billion. *For the full story* https://mybnews.com/a/amazon-ceo-andy-jassy-says-ai-spending-will-rise-again-in-2027

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