Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
Amazon’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead
Amazon shares slid after the online-retail and cloud-services giant offered a first-quarter outlook that came up short of Wall Street’s expectations while forecasting bumpy trends in its cloud ...
'Most Successful Yet for Amazon': Walmart Has Topped the S&P 500 for 12 Years. This Month, Another E-Commerce Giant Is Expected to Take Its Crown.
Walmart may have generated the most revenue of any other company in the S&P 500 for the past 12 consecutive years, but ...
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 on AI services.
Amazon Says Profits Rose 88% but Cautions Growth May Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon’s war on bloat alienates workers — and pleases Wall Street
Employees in multiple departments at Amazon describe an uncertain workplace, where old career paths are drying up and ...
Amazon Q4 Ad Revenue Climbs 18% but Misses Wall Street Estimates, Total Profit Hits $20 Billion in Holiday Shopping Period
Amazon reported $17.3 billion in advertising sales for Q4 2024, an increase of 18% -- which fell short of Wall Street ...
Amazon And Laurene Powell Jobs Are Betting On This Nuclear Reactor Startup
X-energy, controlled by billionaire Kam Ghaffarian, rakes in another $200 million to become the best-funded startup ...
Amazon's AI revamp of Alexa assistant nears unveiling
Amazon is set to release its long-awaited - and delayed - Alexa generative artificial intelligence voice service, said three ...
UPS plunged after saying it would deliver fewer Amazon packages. Its CEO says it's about 'taking control of our destiny.'
UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...
Amazon set to report earnings after the bell
The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.