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BBC News ยท Friday, February 6, 2026 ยท Last updated Feb 8, 2026, 8:37 PM

Amazon shares fall as it joins Big Tech AI spending spree

1 min read

Major firms collectively announce $650bn worth of investment in AI this week, rattling investors.

As Amazon,which was founded by Jeff Bezos in 1994, set out its full-year results on Thursday, it said it will invest in "AI, chips, robotics and low earth orbit satellites".

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