The shift comes as Big Tech cozies up to the Trump Administration, which has introduced several executive orders aimed at ...
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.
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 shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
FEATURE It is about halfway through the fourth-quarter earnings season, with results available for most of the market’s top ...
Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
Similar to Microsoft ( MSFT) and Meta ( META) this earnings season, Amazon uncorked a whopper of a capex guide. It sees $104 ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
"The most successful holiday shopping season yet": Jassy flagged the 10% growth in revenue, which came in ahead of ...
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