Key Takeaways Amazon shares dropped Friday after the tech giant said it plans to spend over $100 billion this year to support ...
Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
Investors Await Nvidia Earnings As AI Spending Continues Rising.
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.
Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company ...
Amazon.com Inc (AMZN) reports a 61% surge in operating income and strong performance in AWS and advertising segments despite ...
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.
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 ...