The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.

Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.

Amazon shares dropped Friday and some analysts lowered their price targets amid concerns about the tech giant's plans to ramp ...

The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year.

As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...

In the fourth quarter of 2024, Amazon allocated $26.3 billion for capital expenditures, which CEO Andy Jassy mentioned is “ ...

Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital ...

Nvidia stock rise has helped the chip maker to recoup a large chunk of its losses from the last week, when it witnessed a ...

Microsoft Corporation, Alphabet Inc Class A, Amazon.com Inc, Meta Platforms Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com ...

Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with ...

Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...

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