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.com investors drove shares down sharply on Thursday (Feb 6) due to weakness in the retailer's cloud computing unit and ...
Amazon's holiday cheer lifted its retail revenue to jolly heights, but with cloud sales dampening the mood, investors are left wondering if it's time for a tech intervention or just a seasonal slump.
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.
Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon continued to grow out its digital advertising platform during the fourth quarter (Q4) of 2024, with its ad sales ...
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...