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Amazon, AI and Google
Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in 2025, up at least 20% from 2024. The "vast majority" of
Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI
Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" going to AI for Amazon Web Services.The company is the latest Big Tech firm to announce it's boosting expected AI infrastructure spending this year.
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Amazon said it plans to boost capital expenditures to $100 billion in 2025,
Amazon doubles down on AI with a massive $100B spending plan for 2025
Amazon is joining other Big Tech companies by announcing huge AI spending plans for 2025. © 2024 TechCrunch. All rights reserved. For personal use only.
18h
on MSN
Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Hosted on MSN
1h
Amazon Eyes $100 Billion In AI Spending Rush But Warns Cloud Growth Will Be 'Lumpy'
Amazon Chief Executive Andy Jassy said AI represents "the biggest technology shift and opportunity in business since the ...
1h
on MSN
Amazon warned of ‘lumpy’ cloud trends. Why these analysts aren’t worried.
Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if ...
RCR Wireless News
1h
Amazon planning $100 billion AI infrastructure spend in 2025
As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...
11h
Amazon to invest billions of dollars into AI in 2025, reveals CEO Andy Jassy
Amazon is gearing up for a massive AI investment, with capital expenditures projected to exceed $100 billion in 2025 ...
CIO Dive
37m
Amazon to boost AWS capacity with $100B investment
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
1h
Amazon is on track to have 'a really good year': Analyst
TD Cowen Managing Director and Senior Equity Research Analyst John Blackledge joins Catalysts to analyze Amazon's (AMZN) ...
17h
Amazon expects $100 billion of capex in 2025 on ‘once-in-a-lifetime' AI opportunity
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
Retail Dive
9m
Amazon’s faster delivery, lower prices drive holiday sales boom
As stores offer empty shelves and locked-up merchandise, the e-commerce giant makes itself convenient to budget-minded ...
1h
on MSN
Amazon commits ‘huge investment’ to outspend Google, Microsoft in AI arms race
Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...
19h
on MSN
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Cryptopolitan on MSN
3h
Either chips stocks are absurdly cheap or someone is lying – Amazon’s $100M+ AI investment case study
On February 6, e-commerce giant Amazon announced it will boost its spending in 2025 with a projected $100 billion earmarked ...
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