The shift comes as Big Tech cozies up to the Trump Administration, which has introduced several executive orders aimed at ...
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 ...
Interested in learning about the best cloud storage providers? We’ve narrowed down our top picks so you can decide which ...
The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year.
The monthly jobs report showed the U.S. added 143,000 Jobs in January, fewer jobs than economists expected. The unemployment rate ticked down to 4%. Follow along for live updates on stocks and other ...
Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.
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 said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
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 forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
Business columnist Jon Talton looks at the health of downtown Seattle, where exciting changes are happening but work is left to be done.
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
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