Amazon is planning to increase its investment in new technologies. The company's total spending is expected to reach $220 billion. This includes money for various projects such as robotics and satellite development.
Amazon's decision comes after a successful quarter with strong profits. The company's cloud computing business performed well, with significant growth. Further information on Amazon's plans and financial performance can be found through KPRC 2 and Click2Houston.
Recent coverage curated from local and regional sources.
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