Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital ...
E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock ...
As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...
Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative ...
This week saw the remainder of the hyperscalers lay out their 2025 AI capex plans. And the investments continue to get bigger ...
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 ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
Nvidia stock rise has helped the chip maker to recoup a large chunk of its losses from the last week, when it witnessed a ...
Amazon shares dropped Friday and some analysts lowered their price targets amid concerns about the tech giant's plans to ramp ...
US Senators Marsha Blackburn (R-TN) and Richard Blumenthal (D-CT) on Friday sent letters to the CEOs of Amazon and Google ...