Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...
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Amazon planning $100 billion AI infrastructure spend in 2025
As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...
Amazon plans to spend an estimated $100 billion on AI in 2025
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital ...
Amazon cuts workforce diversity reference from annual filing amid Trump-led backlash against DEI
Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with ...
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DeepSeek fails to deter $325-billion gamble of the century
Amazon.com, Google, Meta Platforms and Microsoft, the world’s leading hyperscalers, are embarking on an unprecedented year of ...
Amazon is on track to have 'a really good year': Analyst
TD Cowen Managing Director and Senior Equity Research Analyst John Blackledge joins Catalysts to analyze Amazon's (AMZN) ...
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AWS Optimistic About Growth Despite Supply Chain, Power Constraints
AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...
Amazon warned of 'lumpy' cloud trends. Why these analysts aren't worried.
"Please, let's not allow 'we expect growth will be lumpy over the next few years' to be the key takeaway here," Morton wrote. "Andy Jassy told the Street AWS is constrained and can grow faster when it ...