Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...

Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their commitments to AI efforts for the fiscal year ...

Goldman Sachs analyst Eric Sheridan raised the firm’s price target on Amazon.com (AMZN) to $255 from $240 and keeps a Buy rating on the shares.

DeepSeek artificial intelligence-powered models are now available on cloud servers that are powered by Huawei chips.

UAE, Amazon’s Q4 earnings for 2024 were a mixed bag, with strong year-over-year revenue growth but a disappointing outlook ...

Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...

Despite Amazon’s plans to invest nearly $100 billion in cloud infrastructure this year, CEO Andy Jassy has cautioned that ...

Presidents' Day TV sales are off to an early start. Although Presidents' Day isn't till February 17, multiple retailers are ...

Amazon faced ~900 Mn FX headwind in 4Q’24 which was ~700 mn higher than assumed. For the third consecutive quarter, AWS grew ...

Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...

Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...

Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.