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AI News Today: Amazon Burns $42B in Cash Chasing AI
Amazon's cloud just grew at its fastest pace in five years, yet AI spending burned through $42 billion in cash, while Samsung quietly out earned Microsoft, Alphabet and Meta.
DX Today AI Daily Brief - Friday, October 30, 2026
Amazon Web Services grows 39 percent, its fastest pace in nearly five years, but AI spending pushes Amazon's free cash flow deep into the red and shares slide. Microsoft returns to the US bond market for the first time since 2017 with a $25 billion sale. Intel plunges about 22 percent on a weak fourth quarter outlook and an Israel plant explosion. Samsung posts a record…
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