AI, Amazon

‘Once-in-a-lifetime’ opportunity: Amazon to invest $100 billion in AI, cloud this year
Outpacing the likes of Microsoft and Google, Amazon has announced to invest a whopping $100 billion in Artificial Intelligence this year to cash in on the “once-in-a-lifetime type of business opportunity".
"Once In A Lifetime Opportunity": Amazon To Spend $100 Billion On AI, Cloud
Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 billion.
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Amazon said it plans to boost capital expenditures to $100 billion in 2025,
Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI
Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" going to AI for Amazon Web Services.The company is the latest Big Tech firm to announce it's boosting expected AI infrastructure spending this year.
Amazon doubles down on AI with a massive $100B spending plan for 2025
Amazon is joining other Big Tech companies by announcing huge AI spending plans for 2025. © 2024 TechCrunch. All rights reserved. For personal use only.
Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending
Wall Street’s expectations on fourth-quarter earnings and revenue today, but sales in its all-important cloud computing business came up short, and guidance for the current quarter was light. As a result,
Amazon shares slide as weak revenue, AI spending rattle investors
Amazon posted sales in last year’s final quarter that topped Wall Street estimates on Thursday, as a strong holiday shopping season boosted its retail business, but investors drove shares down due to weakness in the cloud computing unit.
AWS partners with Orbital Materials to boost carbon removal, cooling, and efficiency in data centers
AWS and Orbital Materials have announced a partnership using generative AI to boost data center sustainability and efficiency ...
Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
Amazon earnings preview: AWS cloud growth, AI demand, trade wars among key issues to watch
Amazon Web Services growth will be a major factor in Amazon's earnings report Thursday, along with questions about AI demand ...
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Amazon to spend $100 billion on AI in 2025
During its fourth quarter earnings call, Amazon CEO Andy Jassy confirmed the company will spend $100 billion on AI this year, specially for AWS.
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Amazon.com Inc (AMZN) Q4 2024 Earnings Call Highlights: Record Operating Income and Robust AWS ...
Amazon.com Inc (AMZN) reports a 61% surge in operating income and strong performance in AWS and advertising segments despite ...
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CommBank expands AWS partnership to accelerate AI integration
Commonwealth Bank of Australia (CommBank) has extended its alliance with Amazon Web Services (AWS), with an aim to enhance ...
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Agentwood ($AWS) Token Launches on February 17 – AI Content Creation with Agent Swarms
AgentWood, an AI-powered content creation platform, is set to launch its native token, $AWS, on February 17, 2025. The token ...
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Amazon acknowledges FX impacts, sees promise in DeepSeek and AI inference
During the earnings call that followed the release of Amazon's financial results, senior executives acknowledged the adverse ...