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