Amazon.com investors drove shares down sharply on Thursday (Feb 6) due to weakness in the retailer's cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit. Amazon ...
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 ...
Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...
Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
“Even though Amazon has once again pivoted toward a new investment cycle to play a key role in the AI revolution, its ...
AI giants have bought up Super Bowl ads with record viewership expected as Kansas City Chiefs attempt a historic threepeat ...