Amazon.com Inc (AMZN) Gains Cost Advantage in AI Data Center Expansion
Amazon is projected to spend a total of $389 billion on AI infrastructure expansion from 2026 to 2027, with BofA Securities raising its estimate for 2027 spending. The company also launched Loom for AWS, an open-source platform designed to streamline the deployment and governance of AI agents.
Tickers: $AMZN
Topics: AI Buildout Costs Amazon Web Services Cloud Expansion Loom for AWS