Despite Amazon’s plans to invest nearly $100 billion in cloud infrastructure this year, CEO Andy Jassy has cautioned that ...
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 ...
Fourth-quarter results beat Wall Street estimates but the company’s revenue outlook for the first quarter fell shy of ...
(Reuters) -Amazon shares dipped 3.3% in premarket trading on Friday after the online retailer's cloud growth fell short of ...
E-commerce behemoth Amazon.com (AMZN) is betting big on AI (artificial intelligence), with a planned $100 billion in capital expenditures in ...
The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income.
Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
“Even though Amazon has once again pivoted toward a new investment cycle to play a key role in the AI revolution, its ...