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On the earnings call, analysts pushed CEO Andy Jassy for assurances on future returns from this capex boom.

Feb 6 : Amazon shares dropped 8 per cent in premarket trading on Friday after the company's hefty capital expenditure plans deepened investor worries over Big Tech's spending spree on artificial intelligence.Massive AI spending by companies - estimated to be more than $600 billion this year - have raised doub

Meta wowed Wall Street with improvements in ad targeting fueled by AI alongside huge investment. Microsoft had less to show for its billions spent