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Amazon's AI and AWS Binge Leaves Free Cash Flow Reeling

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AMZN
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Amazon's aggressive investments in AI and AWS have taken a toll on its free cash flow.

The company's CAPEX is expected to reach $220B by 2026, with no signs of slowing down.

AWS remains Amazon's growth engine, exceeding a $169B run rate and targeting $1T annual revenue over time.

The AI segment is growing at a triple-digit rate, reaching a $25B run rate.

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