Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...
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.
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.
Amazon’s Andy Jassy and Alphabet’s Sundar Pichai plan to sell about $19.2 million and $169 million of their respective ...
Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with ...
There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
As stores offer empty shelves and locked-up merchandise, the e-commerce giant makes itself convenient to budget-minded shoppers.
Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if ...
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