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 ...

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 ...

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

TD Cowen Managing Director and Senior Equity Research Analyst John Blackledge joins Catalysts to analyze Amazon's (AMZN) ...

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

The chip maker got a shout out from Amazon CEO Andy Jassy on a fourth-quarter earnings call with analysts. Trump's tariffs on Canada and Mexico are delayed. Economic turmoil is here. Big Tech is a ...

Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative ...