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Amazon (AMZN) Stock Rises 2% Following $50B AI Investment

Amazon (AMZN) Stock Rises 2% Following $50B AI Investment

Author:

Global Cryptocurrency

Published:

2025-11-24 19:12:01

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BTCCSquare news:

Amazon shares climbed 2% on Monday after announcing a $50 billion investment to expand AI and supercomputing infrastructure for U.S. government clients. The project, set to launch in 2026, will add 1.3 gigawatts of computing capacity across AWS's secure cloud regions, targeting federal applications from cybersecurity to drug discovery.

AWS CEO Matt Garman framed the MOVE as a transformative shift in government access to advanced AI capabilities. Amazon's aggressive capital expenditures—projected at $125 billion this year—signal intensifying competition in cloud infrastructure dominance.

By:

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