Amazon's AI Spending Keeps Rising. Andy Jassy Says Memory Costs Drove $20 Billion Capex Increase.
- Posted on August 8, 2026
- By International Business Times
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- 1 min read
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Amazon's AI Spending Keeps Rising. Andy Jassy Says Memory Costs Drove $20 Billion Capex Increase.
Amazon has increased its planned capital spending for 2026 to about $220 billion, with CEO Andy Jassy citing higher AI memory costs and robust cloud demand that is expected to outstrip available capacity through at least 2028.
