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Why Amazon Shares Slid After Its $200 Billion AI Spending Plan
Amazon’s stock took a hit after the company revealed plans to spend more than $200 billion on artificial intelligence infrastructure over the coming years — a number that immediately rattled investors. The spending is aimed at expanding data centres, AI chips, cloud capacity, and next-generation computing to compete with rivals like Microsoft, Google, and OpenAI-backed ecosystems. While Amazon framed the investment as essential for long-term growth, markets reacted with cauti
4 hours ago1 min read
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