Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.

There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...

The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...

Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...

Amazon Chief Executive Andy Jassy said AI represents "the biggest technology shift and opportunity in business since the ...

Amazon’s CEO plans to invest more than $100 billion this year, mostly in AI infrastructure — but could face challenges buying ...

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.

BofA analyst Justin Post raised the firm’s price target on Amazon.com (AMZN) to $257 from $255 and keeps a Buy rating on the shares following a ...

Many industries, from ads, to music, to gambling, are betting big on the Super Bowl.

AWS completes the set with slower cloud growth expectations alongside Google and Microsoft. Play the long game, urges CEO ...