Amazon CEO sees AI spending 'meaningfully' higher in 2027

Amazon CEO Andy Jassy Michael Nagle/Bloomberg via Getty Images

Amazon is already spending a record amount on AI data centers . Next year will be even bigger.

The world's biggest cloud-computing company reported third-quarter results on Thursday and reiterated its plan for $220 billion in capital expenditure for 2026.

Then, CEO Andy Jassy shared his outlook for next year, saying Amazon expects "to spend meaningfully more in 2027."

Amazon’s spending has become the central question hanging over the company.…