Amazon plans to invest $100 billion in CapEx for 2025, joining other tech giants in AI and data center investments despite mixed Q4 results.
Amazon (AMZN) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial intelligence, even after Chinese startup DeepSeek’s success.
Amazon’s net sales increased 10% to $187.8 billion in the fourth quarter, compared with $170 billion in the prior year period.
Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative ...
In 2024, this spending was still $83 billion. Amazon is trying to invest quickly in AI as competition from companies such as ...
Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.
Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
AWS completes the set with slower cloud growth expectations alongside Google and Microsoft. Play the long game, urges CEO ...
CEO Andy Jassy’s campaign to flatten Amazon’s middle management is raising fears among staff of lean years and fewer promotions, as old career ...
FY24 results met expectations, but weak Q1 guidance caused a dip. Learn why AMZN stock presents a potential buy-the-dip ...
Online retail giant Amazon exceeded analysts' expectations in the fourth quarter of 2024 thanks to a flourishing Christmas ...
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