Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon CEO Andy Jassy, impressed by DeepSeek, says “we thought that was…”
Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative ...
Tech giants are lining up over $300 billion in AI spend. Their CEOs are betting cheaper models will drive up AI demand.
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
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 ...
Amazon profits last year soared, but growth is slowing
Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...
Amazon Declines Nearly 3% In Friday Pre-Market: What's Going On?
The shares of e-commerce giant Amazon declined 2.65% in pre-market hours trading on Friday following the company's ...
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Andy Jassy tells Amazon staff, ‘Why i’m still here after all these years' amid restructuring efforts
Amazon is set to eliminate thousands of middle management positions by March 2025 as part of a broad restructuring effort ...
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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 stock falls after first quarter sales outlook disappoints
Amazon reported its fourth quarter earnings after the bell on Thursday, beating on the top and bottom line, but missing on Q1 ...
Amazon's Push to Cut Costs Triggers Fears of Fewer Promotions
Campaign to restructure workforce is capitalizing on a moment when return-to-office policies are more common and the ...