The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.

The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...

This is Atlantic Intelligence, a newsletter in which our writers help you wrap your mind around artificial intelligence and a ...

After the arrival of a less costly A.I. model from China, U.S. markets and academics are wrestling with the ultimate economic ...

A new AI-powered platform is already helping NFL and other sports teams better engage with fans and optimize revenue potential.

What Happened? Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 7.1% in the afternoon session after the company reported underwhelming fourth-quarter results: its revenue ...

As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...

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.

Wright is placing a particular emphasis on baseload and dispatchable generation. He said DOE’s R&D efforts would prioritize ...

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 ...