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As cloud giants Amazon, Microsoft, and Google spend record sums to build out their capacity for artificial intelligence ...
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.
Google has earmarked $75bn, Amazon is set to allocate $100bn, Meta has committed $65bn, and Microsoft plans to invest $80bn ...
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 ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
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 shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.
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 ...
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
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