# Amazon Spending Soars on AI Demand

> Amazon reports $77bn capital spending as e-commerce growth slows.
- Title: Amazon Spending Soars on AI Demand · Bloomberg | Shortify
- Summary: Amazon reports $77bn capital spending as e-commerce growth slows. Amazon spent $77 billion on property and equipment in Q3, far exceeding estimates, to build…
- Keywords: amazon, ai services, data centers, e-commerce, capital spending, third quarter, bloomberg
- Source: Bloomberg — https://bloomberg.com/news/articles/2026-10-29/amazon-spending-soars-on-effort-to-meet-demand-for-ai-services
- Read time: 1 min
- Topics: amazon, ai services, data centers, e-commerce, capital spending, third quarter, bloomberg, business, finance
## Amazon Q3 Earnings
Amazon reported greater capital spending than anticipated and the slowest e-commerce growth in three years.
## Capital Spending
Amazon spent more than $77 billion on property and equipment in Q3, far exceeding analysts' estimates.
## AI Services Focus
The company is pursuing efforts to build data centers and fulfill demand for artificial intelligence services.
## E-commerce Growth
Third-quarter e-commerce sales rose 12% to $201.9 billion, lower than anticipated.
## Market Reaction
Amazon shares dropped after reporting higher capital spending and slower e-commerce growth.
## Key takeaway

Amazon spent $77 billion on property and equipment in Q3, far exceeding estimates, to build data centers for AI services while e-commerce growth slowed to 12%.