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

Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.

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 ...

Amazon shares dropped Friday and some analysts lowered their price targets amid concerns about the tech giant's plans to ramp ...

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

In the fourth quarter of 2024, Amazon allocated $26.3 billion for capital expenditures, which CEO Andy Jassy mentioned is “ ...

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

Nvidia stock rise has helped the chip maker to recoup a large chunk of its losses from the last week, when it witnessed a ...

Microsoft Corporation, Alphabet Inc Class A, Amazon.com Inc, Meta Platforms Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com ...

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

Speaking with investors on an earnings call, CEO Andy Jassy suggested Amazon may spend more than $100 billion in the year ...

Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with ...