00:00Amazon is raising its 2026 capital spending target to a staggering $220 billion,
00:07as soaring memory costs and relentless demand for AI infrastructure reshape its investment plans.
00:13Much of the spending will go toward expanding data centers and AWS capacity,
00:18with CEO Andy Jassy arguing that major technology shifts require equally bold investments.
00:24While the spending spree could pressure profits in the near term,
00:28Amazon is betting today's costs will fuel tomorrow's growth.
00:32The move reinforces that the AI arms race is becoming as much about infrastructure as it is innovation.
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