Amazon increases AI spending as annual free cash flow turns negative

Amazon's quarterly capital expenditure reached $77 billion, and shares fell as it forecast weaker fourth-quarter retail performance and continued data center spending, according to Data Center Dynamics. The Next Web reports that free cash flow fell to minus $42.4 billion over the year to September, from positive $14.8 billion, with Amazon attributing most of the decline to AI spending.

• The Next Web reports AWS growth of 39%.
• Amazon plans to spend more on AI in 2027, according to The Next Web.

Covered by 2 publishers within 33 hours of the first report.

• Data Center Dynamics: AWS earnings jump, but investors grow weary of AI spend as quarterly capex hits $77bn

Reporting2

DCD Data Center Dynamics AWS earnings jump, but investors grow weary of AI spend as quarterly capex hits $77bn 9:10 AM

TNW The Next Web AWS grows 39% and Amazon will spend even more on AI in 2027 · Cristian Dina 6:11 PM

Related

DCD Amazon plans German cloud and logistics expansion in 2027 October 20

TNW Five tech giants commit more than $3 trillion to AI infrastructure October 30

QZ 3M’s Amazon deal comes with a warrant, a data center pitch and a $6 billion trigger October 19

DT Amazon backs 960MW nuclear project for AI power October 21

Topics AmazonData centers