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 Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...

In the fourth quarter of 2024, Amazon allocated $26.3 billion for capital expenditures, which CEO Andy Jassy mentioned is “ ...

Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital ...

Microsoft Corporation, Alphabet Inc Class A, Amazon.com Inc, Meta Platforms Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com ...

Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with ...

Meta, Microsoft, Amazon, and Google parent Alphabet are expecting a cumulative $325 billion in capital expenditures in 2025, driven by their investments in artificial intelligence infrastructure.

There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...

Amazon's advertising business reached a significant milestone in 2024, exceeding US$50 billion for the first time, with total ...

TD Cowen Managing Director and Senior Equity Research Analyst John Blackledge joins Catalysts to analyze Amazon's (AMZN) ...

AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...

Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if ...