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 ...

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.

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

Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 ...

LONDON (Reuters) - Amazon shares fell 4% in Frankfurt on Friday a day after the retailer's results showed weakness in its cloud computing unit and it forecast and lower-than-expected first-quarter ...

AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant ...

Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...

As the Kansas City Chiefs take on the Philadelphia Eagles at Superbowl LIX this Sunday, Amazon (AMZN) is working hard in the ...