Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon and Alphabet CEOs Plan Big Stock Sales
Amazon’s Andy Jassy and Alphabet’s Sundar Pichai plan to sell about $19.2 million and $169 million of their respective ...
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Amazon To Spend $100B On AI In 2025 As A Data Center Arms Race Brews
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant ...
Amazon warned of ‘lumpy’ cloud trends. Why these analysts aren’t worried.
Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if ...
Amazon to invest billions of dollars into AI in 2025, reveals CEO Andy Jassy
Amazon is gearing up for a massive AI investment, with capital expenditures projected to exceed $100 billion in 2025 ...
Amazon to boost AWS capacity with $100B investment
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
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Amazon to invest over $100B in AI this year
Amazon has announced plans to invest more than $100 billion in artificial intelligence (AI) this year. The company's CEO Andy ...
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
Amazon cuts workforce diversity reference from annual filing amid Trump-led backlash against DEI
Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with ...