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Big Tech's AI Spending Gets Market Approval

Updated 2026-08-03 22:40 UTC 1 source Neutral

CNBC reports that Jim Cramer believes the market has warmed up to Big Tech’s increased investment in artificial intelligence. Amazon CEO Andy Jassy provided clarity on how this spending will benefit the company long-term.

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CNBC

Jim Cramer says the market has warmed up to Big Tech's AI spending. Here's what flipped the switch

Cramer said Amazon CEO Andy Jassy finally explained how Amazon's massive AI spending will generate long-term returns.

2026-08-03 22:20 UTC