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 ...

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 ...

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