Hyderabad: 28°C
Business

Amazon’s $220B AI Push Makes Echo Dot Costlier

Amazon is investing $220 billion in 2026, largely on AI infrastructure, driving demand for memory chips. The rising costs are now reaching consumers, with the Echo Dot price jumping 60% from $49.99 to $79.99. Other Amazon devices, including Kindle and Fire TV products, have also become more expensive amid the memory shortage.