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 ...

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 ...

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

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 ...

Amazon’s $104 billion spending plan marks one of the most significant investments in AI and cloud computing. While the stock ...

DELRAY BEACH, Fla., Feb. 7, 2025 /PRNewswire/ — According to a research report ‘ Generative AI Outlook 2025 – Shaping the ...