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AI, Amazon

Amazon plans to spend an estimated $100 billion on AI in 2025

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.The Latest Tech News, Delivered to

Business Insider · 14h

Amazon Bets Big on AI With $100B Planned Capex in 2025

E-commerce behemoth Amazon.com (AMZN) is betting big on AI (artificial intelligence), with a planned $100 billion in capital expenditures in

NBC Washington · 21h

Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Amazon said it plans to boost capital expenditures to $100 billion in 2025,

Amazon’s quarterly profits soar to a record $20 billion

Reuters · 4h

Amazon dips after cloud growth disappoints investors

Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.

GeekWire · 4h

Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short

Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.

U.S. News & World Report · 1d

Amazon Beats Quarterly Revenue Estimates, Cloud Growth Lags

Amazon.com topped Wall Street estimates for quarterly revenue on Thursday, as strong sales over the holiday shopping season boosted its retail business, helping offset weakness in the cloud computing unit.

Amazon, Q4

The Next Platform · 3h

Amazon Will Spend Nearly A Year Of AWS Revenue On AI Investments

There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model builders who are partnering

Shacknews · 23h

Amazon (AMZN) AWS Q4 2024 revenues grew 19% to $28.8 billion from Q4 2023

Amazon’s (AMZN) latest earnings report brought an update on all of the company’s subsidiaries and divisions. This included Amazon Web Services, which accounted for $28.8 billion in revenue for the quarter,

TheWrap on MSN · 1d

Amazon Ad Revenue Rises 18% to $17.3 Billion in Q4

Amazon's advertising sales services revenue rose 18% to $17.3 billion during its fourth quarter of 2024. The category includes sales to sellers, vendors, publishers, authors and others through programs such as sponsored ads,

2hon MSN

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 ...

Amazon wants to spend $104 billion, and the stock gets clipped: What Wall Street is saying

Similar to Microsoft ( MSFT) and Meta ( META) this earnings season, Amazon uncorked a whopper of a capex guide. It sees $104 ...

CRN5h

AWS Optimistic About Growth Despite Supply Chain, Power Constraints

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

20h

Amazon Web Services says GameLift can support up to 100M concurrent users per game

Amazon Web Services (AWS) said it has benchmark tested support for up to 100 million concurrent users (CCU) for a single game.

23hon MSN

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.

34m

Amazon Stock Drops After Softer-Than-Expected Sales Outlook

Amazon shares fell after the e-commerce and cloud company's sales outlook missed analysts' expectations. Some key figures for last quarter: Earnings came in at $1.86 a share, about 25% above analyst ...

5hon MSN

Amazon Is the Worst Dow Stock After Earnings. Here's Why

Amazon stock is at the bottom of the Dow Friday as the e-commerce giant's soft outlook offsets a fourth-quarter beat. This is ...

Why Amazon (AMZN) Stock Is Trading Lower Today

Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 7.1% in the afternoon session after the ...

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AI, Amazon

Amazon’s quarterly profits soar to a record $20 billion

Amazon, Q4

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