[2/20 12:00] Big Tech AI spending $700B crushing stock buybacks / AWS blames user error for Kiro AI-linked outage

AI News Flash for February 20, 2026 at 12:00 UTC. Topics: 1. Big Tech AI spending $700B crushing stock buybacks https://www.bloomberg.com/news/articles/2026-02-20/big-tech-s-soaring-spending-on-ai-is-eating-into-stock-buybacks 2. AWS blames user error for Kiro AI-linked outage https://seekingalpha.com/news/4554483-amazon-aws-says-user-error-not-ai-error-caused-outage-in-december 3. NVIDIA Q4 earnings next week - $65B revenue guidance https://www.reuters.com/business/wall-st-week-ahead-nvidia-software-reports-pose-next-tests-ai-sensitive-stock-2026-02-20/ 4. Vatican to use AI for real-time Mass translation in 60 languages https://www.ewtnnews.com/vatican/vatican-to-use-ai-to-translate-masses-at-st-peters-into-60-languages-in-real-time