Amazon Intends to Spend Over $100 Billion on AI This Year. Here's How It Compares to Google, Meta, and Microsoft.
Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...
Amazon's cloud business faces crucial test after rivals Microsoft, Google stumble
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...
Amazon Stock Down On $100 Billion CapEx, Doubts About AI Payoff
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Amazon cuts reference to diversity from annual report weeks after ending DEI
Big tech companies Meta Platforms and Alphabet’s Google are among the companies that have rolled back such programs in the ...
Amazon Q4: Cost Optimization And Margin Expansion Continue
FY25 revenue growth guidance of 5%-9% is impacted by FX and extra sales days in the previous year. Click for my AMZN stock ...
Amazon commits ‘huge investment’ to outspend Google, Microsoft in AI arms race
Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon Removes Diversity References From Annual Report—Here Are All The Companies Rolling Back DEI
Following Trump's lead, organizations including Walmart, Lowe’s and Meta have announced they would scale back their ...
Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI
Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.
Amazon Q4 2024 Earnings Update
Amazon faced ~900 Mn FX headwind in 4Q’24 which was ~700 mn higher than assumed. For the third consecutive quarter, AWS grew ...
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...