Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
The shopping group's sales increase in all areas and profits rise even more strongly. Investors are pleased with the exceeded ...
The company boosted customer service satisfaction with a generative AI-powered chatbot, and its Rufus shopping assistant is simplifying product searches.
Amazon's cloud computing arm, Amazon Web Services, reported fourth-quarter revenue of $28.7bn (£23.1bn), just below Wall ...
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Hosted on MSNAmazon Misses Earnings Expectations, Shares PlungeTech giant Amazon’s (NASDAQ:AMZN) cloud computing arm has missed its revenue expectations, which raises concern about the ...
Amazon shares slipped in after-hours trading yesterday as investors re-evaluated the company's spending on AI.
In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
In a statement on its official website, DeepSeek SAID that it had temporarily suspended the option for customers to add ...
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Gadget Review on MSNAmazon Set to Unveil AI-Powered Alexa Upgrade at February EventAmazon announces February 26 event to unveil AI-powered Alexa upgrade, promising multiple request handling and autonomous ...
Ride-hail giant Lyft has partnered with AI startup Anthropic to build an AI assistant that handles initial intake for ...
A leak offers a first look and details on how Google Search's AI Mode experience will work. More details here.
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