Amazon commits $200B in 2026 AI capex and expands OpenAI partnership to $100B exclusive deal

AWS announced $200 billion in 2026 capital expenditure focused on AI infrastructure buildout. The company expanded its OpenAI relationship to a $100 billion, eight-year agreement making AWS the exclusive third-party cloud distribution provider for OpenAI Frontier. Custom Trainium and Graviton chips surpassed $10 billion annual run rate.