Amazon plans to invest $200 billion in capital expenditures, mainly in Amazon Web Services for its AI business. Despite investor concerns, Amazon has seen respectable returns on AI investments. AWS revenue increased by 24% last quarter, but market share is decreasing. The company’s new AI offerings aim to win back market share. Amazon has already achieved quick returns on AI technology investments. The company’s investments in AI will position it to compete in a growing AI data center market. Consider the 10 best stocks to buy now, excluding Amazon, for potential high returns.

Read more at Yahoo Finance: The Catch-22 Behind Amazon’s Big AI Spending Plans