Amazon (AMZN) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial intelligence, even after Chinese startup DeepSeek’s success.

Amazon (AMZN) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial intelligence, even after Chinese startup DeepSeek’s success.

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments. Investors do not see the growth or payoff.

Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their commitments to AI efforts for the fiscal year ...

Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...

Pinterest reported a record 62% WAU-to-MAU engagement ratio and a 90% surge in advertiser clicks in Q4, driven by Gen Z growth and enhanced shopping features.

Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...

Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.

Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...

Live Updates Make sure to refresh this page periodically for updates. Amazon Addresses DeepSeek 2:36 pm A Wall Street analyst ...

For the current quarter, Qualcomm said it’s looking at earnings of between $2.70 and $2.90 per share, while forecasting ...

Walt Disney ( N/A ) sharply outperformed Wall Street’s quarterly earnings estimates on Wednesday, with results buoyed by the ...