Amazon’s cloud business is surging — and so is its capital spending
TechCrunch AI Lucas Ropek April 30, 2026
AI Summary— plain English for professionals
# Amazon's AI Bet is Getting Expensive—But It's Paying Off Amazon's cloud computing division is making more money than Wall Street predicted, but the company is plowing massive amounts of cash back into building the infrastructure needed to power AI services. This spending spree will keep going for the foreseeable future, according to Amazon's CEO—a sign the company believes the AI opportunity is worth the hefty investment.
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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