Andy Jassy Amazon - Search News

Amazon, AI and Google

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 2025, up at least 20% from 2024. The "vast majority" of

Investopedia on MSN · 3h

Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI

Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" going to AI for Amazon Web Services.The company is the latest Big Tech firm to announce it's boosting expected AI infrastructure spending this year.

TechCrunch on MSN · 5h

Amazon doubles down on AI with a massive $100B spending plan for 2025

NBC Washington · 9h

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 Earnings Beat Expectations. Stock Slips

NBC New York · 12h

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.

Investopedia · 13h

What Analysts Think of Amazon Stock Ahead of Earnings

Amazon is slated to report its fourth-quarter results after the market closes Thursday, with analysts overwhelmingly bullish on the tech titan's stock.

Quartz on MSN · 5h

Amazon stock slips as a gloomy outlook overshadows strong earnings

Amazon beat Wall Street’s expectations for the fourth quarter, driven by strong cloud growth, AI investments, and a robust holiday shopping season. However, the company issued a gloomy outlook for the first quarter,

5hon MSN

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 expects $100 billion of capex in 2025 on ‘once-in-a-lifetime' AI opportunity

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...

newsbytesapp.com51m

Amazon to invest over $100B in AI this year

Amazon has announced plans to invest more than $100 billion in artificial intelligence (AI) this year. The company's CEO Andy ...

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.

6hon 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.

AFAQS1h

Amazon’s ad revenue touches $17.3 billion in Q4FY24

2024 was also the year when Amazon’s ad revenue crossed the $50 billion mark; Jassi said it is a $69 billion annual revenue ...

Jassy says holiday shopping season ‘most successful yet for Amazon’

The holiday shopping season was the most successful yet for Amazon and we appreciate the support of our customers, selling partners, and employees who helped make it so. When we look back on this ...

3hon MSN

Amazon signals $151B to $155.5B Q1 revenue guidance with continued AI and logistics investments

Q4 2024 Management View CEO Andy Jassy highlighted $187.8 billion in revenue for Q4, a 10% year-over-year increase, which would have been 11% without foreign exchange headwinds. Operating income ...

7hon MSN

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 ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results

Amazon, AI and Google

Amazon Earnings Beat Expectations. Stock Slips

Related topics