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 ...

Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.

CEO Jassy said the supply of chips — from third parties and Amazon’s own chip design unit — and power capacity are limiting ...

Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...

Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...

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

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

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...

“Even though Amazon has once again pivoted toward a new investment cycle to play a key role in the AI revolution, its ...