Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital ...
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 ...
As cloud giants Amazon, Microsoft, and Google spend record sums to build out their capacity for artificial intelligence ...
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
This week saw the remainder of the hyperscalers lay out their 2025 AI capex plans. And the investments continue to get bigger ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.
Amazon shares dropped Friday and some analysts lowered their price targets amid concerns about the tech giant's plans to ramp ...
Amazon Chief Executive Andy Jassy said AI represents "the biggest technology shift and opportunity in business since the ...
Amazon may have edged out retail giant Walmart in terms of quarterly revenue with its fourth-quarter earnings released ...