Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.
Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...
RCR Wireless News19h
Amazon planning $100 billion AI infrastructure spend in 2025
As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...
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 ...
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 ...
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DeepSeek fails to deter $325-billion gamble of the century
Amazon.com, Google, Meta Platforms and Microsoft, the world’s leading hyperscalers, are embarking on an unprecedented year of ...
Amazon warned of ‘lumpy’ cloud trends. Why these analysts aren’t worried.
Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if it didn’t see strong long-term demand.
Amazon is on track to have 'a really good year': Analyst
TD Cowen Managing Director and Senior Equity Research Analyst John Blackledge joins Catalysts to analyze Amazon's (AMZN) ...