Amazon’s already making major changes, like ratcheting up AI infrastructure spending to an expected $200 billion this year and axing tens of thousands of jobs. The downsizing is speeding up daily operations, and there’s enough pent-up AI demand to keep Amazon’s cloud tools busy for the next five to 10 years even if the tech stops advancing, he said. Just as AWS’ early products allowed companies to access storage and computing power without making huge infrastructure investments, Amazon’s newer tools are making AI models more accessible, the company says. The number was more than $50 billion higher than analysts’ expectations and the $131.8 billion Amazon spent on property and equipment in 2025. AI coding tools that allow programmers to build their own personal workforces of AI agents are upending the software industry.

Source: CNN March 27, 2026 12:33 UTC