Key Takeaways Amazon shares dropped Friday after the tech giant said it plans to spend over $100 billion this year to support ...

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

Investors Await Nvidia Earnings As AI Spending Continues Rising.

The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.

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

It means all eyes will be on AI chipmaker Nvidia, which reports on 26 February and suffered a steep drop in its own share ...

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company ...

Amazon topped expectations in its fourth-quarter earnings. However, its disappointing guidance deepened concerns about a ...

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

Developing AI technology is not cheap at all. It costs billions of dollars to train AI models, and this is why most of the ...

In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...