Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital ...

Investors Await Nvidia Earnings As AI Spending Continues Rising.

The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.

Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.

It means all eyes will be on AI chipmaker Nvidia, which reports on 26 February and suffered a steep drop in its own share ...

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...

In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...

The company boosted customer service satisfaction with a generative AI-powered chatbot, and its Rufus shopping assistant is simplifying product searches.

Amazon topped expectations in its fourth-quarter earnings. However, its disappointing guidance deepened concerns about a ...