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 ...

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

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

The chief executives of both Amazon (AMZN) and Alphabet (GOOGL) are moving to sell millions of dollars of company stock that ...

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

Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.

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

Amazon’s Andy Jassy and Alphabet’s Sundar Pichai plan to sell about $19.2 million and $169 million of their respective ...

CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...

Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.

The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...

Amazon (AMZN) delivered its fourth-quarter results after Thursday’s market close, exceeding expectations on both revenue and ...