Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI
Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say ...
Amazon, echoing Microsoft, says it can’t keep up with AI demand
Jassy said the supply of chips — from third parties and Amazon’s own chip design unit — and power capacity are limiting the ...
Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter
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 ...
Big Tech's AI spending rattles markets
The mounting expenses of data-intensive artificial intelligence and its infrastructure have cast a shadow over this earnings ...
Amazon.com (AMZN) Q4 2024 Earnings Call Transcript
Good day, everyone, and welcome to the Amazon.com fourth quarter 2024 financial results teleconference. At this time, all ...
Amazon signals $151B to $155.5B Q1 revenue guidance with continued AI and logistics investments
Q4 2024 Management View CEO Andy Jassy highlighted $187.8 billion in revenue for Q4, a 10% year-over-year increase, which would have been 11% without foreign exchange headwinds. Operating income ...