"Forrester analyst Tracy Woo said the growth in Amazon's cloud business was impressive and its combined company results were "a clear indicator that its infrastructure investments are meeting market demand rather than outpacing it."
The company's expectation that it will spend $220b this year on AI, up from a planned $200b just three months ago, did give Woo some slight concern over how successful such ongoing and ever-growing spending will be in the years ahead."
Framing: assertive ·
First seen: 2026-07-31 ·
Last seen: 2026-07-31 ·
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