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

Amazon Chief Executive Andy Jassy said AI represents "the biggest technology shift and opportunity in business since the internet" But capacity constraints could make AI growth "lumpy," he told ...

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

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

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 ...

AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...

"Please, let's not allow 'we expect growth will be lumpy over the next few years' to be the key takeaway here," Morton wrote. "Andy Jassy told the Street AWS is constrained and can grow faster when it ...

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

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 ...

Amazon (AMZN) stock is down 2% after the e-commerce company delivered better-than-expected financial results for the fourth quarter of 2024 but ...