Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in 2025, up at least 20% from 2024. The "vast majority" of ...
Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if ...
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...
Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
The Seattle-based group’s fourth-quarter revenues — which includes the holiday shopping season — rose 10 per cent year on year to $187.8bn, Amazon said in on Thursday. Revenue came in above analysts’ ...
Fourth-quarter results beat Wall Street estimates but the company’s revenue outlook for the first quarter fell shy of ...