Amazon made $68.6 billion from ads in 2025 That money exists because people stare at screens while they shop Every sponsored product, every banner, every "you might also like" only works if a human is looking Now imagine AI agents doing the shopping The agent doesn't scroll, and it doesn't see ads. It just buys what you asked for…compares and buys what’s best for you directly…agent sees ad banner as a trash can That's tens of billions in ad revenue at risk So why would Amazon allow a sale that kills its own ad business? They won't Amazon is already blocking AI agents from shopping on its site, it happened with muse and perplexity and it's not the only one As the agent economy arrives, these companies are going to be a giant pain in the backside Normal people who just want their AI agent to handle the shopping will keep hitting walls and blocks They’d rather keep us stuck in the 1970s than lose their ad revenue…. and become a giant pain in the backside

Amazon’s ($AMZN) AWS says the cost of delivering a given level of AI intelligence is falling 10x-100x every 3-6 months. AWS says cheaper inference could accelerate adoption as companies deploy AI agents at scale.

Amazon ($AMZN), Microsoft ($MSFT), Meta ($META), Alphabet ($GOOGL) and Oracle ($ORCL) are expected to spend $729B on AI in 2026. Ameriprise says the only comparable investment boom, relative to GDP, was Britain’s 1840s railway mania.

AMAZON $AMZN IS EXPLORING A DEAL TO MOVE $8 BILLION OF AI CHIPS OFF ITS OWN BALANCE SHEET The plan would shift thousands of Grace Blackwell chips across more than a dozen US data centers into a special-purpose vehicle funded by outside investors, according to the Financial Times Amazon would keep using the hardware while moving to a more asset-light financing model. The vehicle could issue debt and sell up to a 10% equity stake to investors. Under the proposed structure, Amazon would lease the advanced chips back from the entity - Bloomberg

Amazon $AMZN is looking at a new financing structure for roughly $8B of NVIDIA $NVDA Grace Blackwell GPUs. Outside investors would fund an SPV with debt, the vehicle would own the chips, and Amazon would lease them for use across its data centers. The setup would help Amazon finance its AI buildout without carrying the full asset load directly on its balance sheet. Source: FT

Amazon is exploring a deal to shift ~$8B of NVIDIA Grace Blackwell GPUs into an outside-investor-owned SPV, FT reports. $AMZM would lease the chips back, reducing the upfront balance-sheet burden. The GPUs are already deployed across 12+ U.S. data centers.