AWS at 39%, But the Bill Is $77 Billion a Quarter
AI First Pod · Nov 2, 2026 · 5:54
AI First Pod · Nov 2, 2026 · 5:54
Listen in the Podli app 🎧
Follow your favourite podcasts, listen offline and in the car with CarPlay and Android Auto, and always pick up where you left off. Free to try.
Amazon's third-quarter results showed AWS growing 39% — its fastest pace in nearly five years — but capital expenditure hit $77 billion in a single quarter, more than double a year ago, and free cash flow swung to a $42 billion outflow. The stock fell 7%. Also: Anthropic publicly filed its S-1 with $16.3 billion in first-half revenue, targeting a $2 trillion valuation and the largest US IPO on record. And OpenAI reversed its ChatGPT Pro usage cuts after subscriber backlash.
