Amazon Raised Its Investment Plan to $220 Billion as AWS Growth Accelerated
Amazon raised its 2026 capital spending plan to about $220 billion after AWS revenue grew 37% to $42.2 billion in the second quarter.
Technology
Reporting and analysis on the companies, infrastructure and policy decisions shaping the US technology economy, from software and cloud to chips, platforms and enterprise adoption.
Microsoft's Azure Growth Reaccelerated as AI Spending Began Converting Into Revenue
Microsoft reported 43% Azure growth in its June 2026 quarter and projected continued acceleration as enterprise AI demand supported cloud revenue.