Amazon reveals plans to spend $200bn in one year day after Bezos guts Washington Post

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Amazon plans to invest $200 billion in capital expenditures in 2026, primarily focusing on artificial intelligence, robotics, and other technologies. This announcement follows Amazon's fourth-quarter earnings report, which revealed a 14% revenue increase to $213.4 billion, although earnings per share slightly missed Wall Street estimates. The company anticipates strong long-term returns on these investments, joining other tech giants in a significant AI spending surge. This news comes a day after the Washington Post, owned by Amazon founder Jeff Bezos, announced layoffs affecting approximately a third of its employees. Despite the increased revenue and AI investment, Amazon's stock experienced a decline in after-hours trading.
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AI-ExtractedThe aspirations of this news organization are diminished.
Analysts had expected $1.97 per share on sales of $211.4bn.
Amazon reported $213bn in revenue on Thursday.
The Washington Post announced it was cutting approximately a third of employees.
Amazon plans to spend $200bn on artificial intelligence and robotics this year.
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