February 8, 2026

Amazon plans to double AWS computing capacity with $200B investment by 2027

Amazon plans to double AWS computing capacity with $200B investment by 2027

Amazon is undertaking a massive expansion in artificial intelligence infrastructure, with its cloud division adding nearly 4 gigawatts of computing capacity in 2025 and plans to double this power by the end of 2027. CEO Andy Jassy has expressed confidence in the company’s $200 billion capital expenditure plan, which marks a shift from prior spending trends. This expansion aligns with the growing division within the AI sector, where specialized labs innovate while enterprises use AI for productivity and cost management.

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US credit card debt soars to record $1.25 trillion

US credit card debt soars to record $1.25 trillion

Total outstanding credit card balances in the United States have reached a record high of approximately $1.25 trillion, nearly doubling from about $660 billion in 2013. This surge is attributed to Americans increasingly relying on […]