Thiel Bets Big on AI Infrastructure through Amazon and Energy Holdings

Peter Thiel's macro fund has significantly invested in Amazon, with the e-commerce giant accounting for almost $118 million, or 28.2%, of the portfolio.

The filing revealed positions in energy and power-related companies such as Vista Energy, Vistra, American Electric Power, DTE Energy, FirstEnergy, CMS Energy, and X-Energy, which together represented about 72% of disclosed value.

AWS revenue rose 37% year on year to $42.2 billion in the second quarter, its fastest growth in 18 quarters.

The spending could rise further, as Deutsche Bank analyst Benjamin Black expects Amazon's capital expenditure to approach $300 billion in 2027.