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 ...
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 ...
Amazon CEO Andy Jassy, impressed by DeepSeek, says “we thought that was…”
Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative ...
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 ...
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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 ...
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 ...
Nvidia Stock Is Climbing. Amazon’s Earnings Were a Big Moment for the Chip Maker.
The chip maker got a shout out from Amazon CEO Andy Jassy on a fourth-quarter earnings call with analysts. Trump's tariffs on Canada and Mexico are delayed. Economic turmoil is here. Big Tech is a ...
Amazon Says Profits Rose 88% but Cautions Growth May Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI
Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say ...
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Live Blog: Will Amazon (AMZN) Soar After Earnings Tonight?
Live Updates Make sure to refresh this page periodically for updates. Amazon Addresses DeepSeek 2:36 pm A Wall Street analyst ...