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.
Alexa is set to receive a reboot powered by generative artificial intelligence, which "could be risky" for Amazon.
Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed ...
Outpacing the likes of Microsoft and Google, Amazon has announced to invest a whopping $100 billion in Artificial ...
The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
DeepSeek DeepSeek DeepSeek! That word has taken over the internet over the past week. Though things have cooled off a bit, it ...
Amazon (AMZN) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial intelligence, even after Chinese startup DeepSeek’s success.
On February 6, e-commerce giant Amazon announced it will boost its spending in 2025 with a projected $100 billion earmarked ...
Microsoft Corporation, Alphabet Inc Class A, Amazon.com Inc, Meta Platforms Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com ...
Safe Superintelligence, an artificial intelligence startup co-founded by OpenAI's former chief scientist Ilya Sutskever last year, is in talks to raise funding at a valuation of at least $20 billion, ...