Once again, when it comes to real estate, Amazon seems prescient, planning to spend more on data centers and less on warehouses.

“We expect [technology] infrastructure to represent a bit more than half of our total capital investments in 2022,” said CFO Brian Olsavsky during a recent earnings call. “We expect the fulfillment and transportation dollars spent on capital projects to be lower in 2022 versus the prior year.”

 

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