Amazon reveals plans to spend $200bn in one year the day after Bezos guts Washington Post

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Amazon announced plans to spend $200bn on artificial intelligence and robotics this year, the latest tech giant to vow fresh enormous investments in the artificial intelligence arms race.The news of the investment comes one day after the Washington Post, owned by Amazon founder Jeff Bezos, announced it was cutting approximately a third of employees.Amazon also reported $213bn in revenue on Thursday.The fourth-quarter earnings of the e-commerce and cloud-computing giant came in slightly below Wall Street estimates even as sales and growth surged.Amazon will increase capital spending to $200bn this year from $125bn, CEO Andy Jassy said in a press release.

Wall Street analysts were expecting spending to rise to roughly $147bn, according to FactSet.“With such strong demand for our existing offerings and seminal opportunities like AI, chips, robotics, and low earth orbit satellites, we expect to invest about $200 billion in capital expenditures across Amazon in 2026, and anticipate strong long-term return on invested capital,” Jassy said.Amazon’s investment is the latest sign that cloud-computing giants will not be hitting the brakes any time soon on hefty AI investments.Amazon, Microsoft, Alphabet’s Google and Meta are expected to collectively spend more than $630bn this year.Revenue at Amazon rose 14% to $213.

4bn in the fourth quarter of fiscal year 2025, compared with $187.8bn in the year-ago period.The company reported net income of $21.2bn, or $1.95 per share, for the three-month period ending on 31 December.

That compares with $20bn, or $1.86 per share, in the year-ago quarter.Analysts had expected $1.97 per share on sales of $211.4bn, according to analysts polled by FactSet.

Amazon reported the fastest growth in its prominent cloud-computing business, Amazon Web Services (AWS), in 13 quarters, with revenue increasing 24% to $35,6bn,Advertising revenue rose 22%, per a press release,Bezos, owner of the Post, is the executive chair of Amazon’s board of directors, a role he assumed in 2021 after founding Amazon in 1994 and serving as CEO for the better part of three decades,He purchased the Post for $250m in 2013.

Amazon stock makes up the majority of his $235bn net worth, which Forbes estimated sank by $9bn, just 3.7%, after Amazon’s disappointing earnings.Shares were down close to 9% in after-hours trading.“The aspirations of this news organization are diminished,” former Post executive editor Marty Baron, who won 11 Pulitzer prizes while helming the newspaper, told the Guardian in an interview.“I think that’ll translate into fewer subscribers.

And I hope it’s not a death spiral, but I worry that it might be,”The best public interest journalism relies on first-hand accounts from people in the know,If you have something to share on this subject, you can contact us confidentially using the following methods:The Guardian app has a tool to send tips about stories,Messages are end to end encrypted and concealed within the routine activity that every Guardian mobile app performs,This prevents an observer from knowing that you are communicating with us at all, let alone what is being said.

If you don’t already have the Guardian app, download it (iOS/Android) and go to the menu.Select ‘Secure Messaging’.Our guide at theguardian.com/tips lists several ways to contact us securely, and discusses the pros and cons of each.
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Rich plums and ripe tomatoes: Australia’s best-value fruit and veg for February

Tomatoes ripe for cooking, cheap watermelon and cucumbers for $2 a piece – but it’s the final call for apricots, cherries and mangoesGet our weekend culture and lifestyle emailJuicy watermelon, deep-purple plums and ripe roma tomatoes are some of the vibrant fruit and veg highlights this month, says Graham Gee, senior buyer at the Happy Apple in Melbourne.“Tomatoes are plentiful, in particular the saucing varieties,” he says. “Roma varieties are sold nice and ripe, ready to make passata.” Cooking tomatoes are roughly $2 a kilo at the Happy Apple, with Australian field tomatoes going for about $5 a kilo in supermarkets.Watermelon is “very cheap”, says Michael Hsu, operational manager at Sydney’s Panetta Mercato

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How to make moreish cookies from store-cupboard odds and ends – recipe | Waste not

I often eat a bag of salty crisps at the same time as a chewy chocolate bar, alternating bite for bite between the two, because the extreme contrast of salt from the chips and the sweetness of the chocolate fire off each other and create an endorphin rush. The same goes for these cookies, adapted from a recipe by Christina Tosi at New York’s legendary Milk Bar.Christina Tosi writes in Gourmet Traveller Australia how she first learned to make these cookies at a conference centre on Star Island, New England, where they’d bake them each week with a hodge-podge of different ingredients. Being on an island, they didn’t always have access to what they wanted, so they had to come up with a new recipe every week using whatever they had. In the spirit of the recipe’s origins, I’ve adapted Tosi’s recipe for the UK, and made it flexible, so you can raid your own store-cupboards and adapt and invent your own version from it

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Camilla Wynne’s recipes for blood orange marmalade and no-bake marmalade mousse tart

If you’re intimidated by making marmalade, the whole-fruit method is the perfect entry point. Blood oranges are simmered whole until soft, perfuming your home as they do so, then they’re sliced, skin and all, mixed with sugar and a fragrant cinnamon stick, and embellished with a shot of amaro. Squirrel the jars away for a grey morning, give a few to deserving friends, and be sure to keep at least one to make this elegant mocha marmalade mousse tart. A cocoa biscuit crust topped with a chocolate marmalade mousse and crowned with a cold brew coffee cream, it’s a delightful trifecta of bitterness that no one will ever guess is an easy no-bake dessert.If you’re not up for preserving, make this using shop-bought thick-cut marmalade

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The dump dinner: spaghetti is now being served straight on to the table – but why?

Name: Dump dinners.Age: Horribly new.Appearance: Feeding time at the zoo, but for humans.I’ve just Googled this. Apparently a dump dinner is a make-ahead slow cooker recipe

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Australian supermarket coconut water taste test: ‘Smells like an island holiday’

Overcoming his irrational fear of coconut products, Nicholas Jordan tests a lovely – and lowly – bunch of coconuts in a rowIf you value our independent journalism, we hope you’ll consider supporting us todayGet our weekend culture and lifestyle emailI have a fear of coconut products. Like all fears it’s based on a questionable rationale and trauma, and my trauma is taste testing “health” coconut-heavy products that taste like soap. Which is why, until recently, almost all the coconut water I’d drunk was from a straw reaching out of a fresh coconut.Surely there’s no way a bottled coconut water, made from 100% coconut, could be that bad. Maybe it could be better than the real thing? I enjoy Melona more than the average honeydew melon

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Miso mystery: red, white or yellow – how does each paste change your dish? | Kitchen aide

What’s the difference between white and red miso, and which should I use for what? Why do some recipes not specify which miso to use? Ben, by email“I think what recipe writers assume – and I’m sure I’ve written recipes like this – is that either way, you’re not going to get a miso that’s very extreme,” says Tim Anderson, whose latest book, JapanEasy Kitchen: Simple Recipes Using Japanese Pantry Ingredients, is out in April. As Ben points out, the two broadest categories are red and white, and in a lot of situations “you can use one or other to your taste without it having a massive effect on the outcome of the dish”.The Guardian’s journalism is independent. We will earn a commission if you buy something through an affiliate link. Learn more