Amazon spent more on research and development last year than any other company in the US.
The Seattle company spent $22.6 billion on R&D last year, according to Factset data earlier reported by Recode. The tally includes technology and content spending.
Amazon, best known for its online store, has expanded into physical stores like its cashierlessstore and its book stores. It also sells a popular line of smart speakers powered by its Alexa digital assistant and creates original content for its Prime Video service.
Google parent Alphabet follows Amazon at No. 2, with $16.6 billion in R&D spending. The rest of the top five are Intel with $13.1 billion, Microsoft with $12.3 billion and Apple with $11.6 billion.
Amazon and Factset didn't immediately respond to requests for more information.
Cambridge Analytica: Everything you need to know about Facebook's data mining scandal.
Tech Enabled: CNET chronicles tech's role in providing new kinds of accessibility.
Apple - USE TAG
reading•Amazon spent more on R&D than any other US company last year
Nov 16•Black Friday 2018 deals at Best Buy: TVs, Nintendo Switch, Apple HomePod and more
Nov 16•Best Black Friday deals 2018
Nov 16•Black Friday 2018 iPhone deals start today: $150 off iPhone XR and XS, $400 iPhone X gift card
Nov 16•Black Friday 2018 smartwatch and fitness tracker deals: $80 off Apple Watch, $70 off Galaxy Watch, $50 off Fitbit Versa