Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
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Hosted on MSNAmazon Eyes $100 Billion In AI Spending Rush But Warns Cloud Growth Will Be 'Lumpy'Amazon Chief Executive Andy Jassy said AI represents "the biggest technology shift and opportunity in business since the ...
Amazon was falling on Friday after making a huge commitment to spending on artificial intelligence. Analysts are backing the ...
Amazon’s CEO plans to invest more than $100 billion this year, mostly in AI infrastructure — but could face challenges buying ...
DELRAY BEACH, Fla., Feb. 7, 2025 /PRNewswire/ — According to a research report ‘ Generative AI Outlook 2025 – Shaping the ...
Amazon reported Q4 earnings, but its stock fell by 5% due to a weak first-quarter forecast amid slow cloud services growth.
It means all eyes will be on AI chipmaker Nvidia, which reports on 26 February and suffered a steep drop in its own share ...
The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income.
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...
Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company ...
Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer's cloud computing unit and ...
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