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Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results

The Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster than the 28% clip in the previous quarter and marking the fastest rate of growth in 18 quarters.

31 Jul 2026

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Open the official Economic Times Tech page to verify the current details for "Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results".
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"Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results" is a news brief attributed to Economic Times Tech, dated 30/7/2026. The Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster than the 28% clip in the previous quarter and marking the fastest rate of growth in 18 quarters. It is filed for policy tracker.

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Editorial record

Published by: University of AI India editorial desk
Reviewed by: University of AI India editorial desk
Source verified: 14/8/2026
Last reviewed: 14/8/2026
AI assistance: May have assisted drafting; sources and claims require editorial review
Index status: Meets public index standard

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Reference: Economic Times Tech

Official URL: https://economictimes.indiatimes.com/tech/technology/amazon-to-boost-spending-on-ai-and-other-technology-by-20-billion-after-strong-q2-results/articleshow/132753885.cms

Source: Economic Times Tech

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