Amazon and Microsoft are spending $400 billion on AI—and investors are low on patience

Source: Biztoc.com· fortune.com· July 27, 2026
Amazon and Microsoft are spending $400 billion on AI—and investors are low on patience

The horse race between Amazon and Microsoft’s cloud computing businesses has gone through various phases over its nearly two-decade history, with the current AI boom pushing the rivalry to a new, and perhaps unsustainable, level of intensity. Each company is…

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