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Amazon Taps OpenAI for ChatGPT Ads and Outlines Massive $220B AI Capex

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The Story

News Summary

  • Amazon projects around $220B in 2026 capex for AWS and AI, while partnering with OpenAI to extend ad campaigns directly into ChatGPT.
  • Meanwhile, Ohio may renegotiate data center tax incentives, and Whole Foods employees will receive expanded healthcare benefits starting in 2027.
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AMZN price history

256.78 +13.48% over the displayed period

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