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AI, Amazon and Google

Network World · 22m

AWS plans to outspend Microsoft and Google on on AI infrastructure

Amazon’s CEO plans to invest more than $100 billion this year, mostly in AI infrastructure — but could face challenges buying enough hardware and power.

Investopedia on MSN · 14h

Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI

Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" going to AI for Amazon Web Services.The company is the latest Big Tech firm to announce it's boosting expected AI infrastructure spending this year.

NBC Los Angeles · 16h

Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Amazon said it plans to boost capital expenditures to $100 billion in 2025,

TechCrunch on MSN · 16h

Amazon doubles down on AI with a massive $100B spending plan for 2025

Amazon is joining other Big Tech companies by announcing huge AI spending plans for 2025. © 2024 TechCrunch. All rights reserved. For personal use only.

Amazon’s quarterly profits soar to a record $20 billion

GeekWire · 16h

Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short

Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.

Reuters on MSN · 6h

Amazon slips as slowdown in cloud growth weighs on sales forecast

(Reuters) -Amazon shares dipped 3.3% in premarket trading on Friday after the online retailer's cloud growth fell short of expectations, prompting a subdued sales forecast for the current quarter. Amazon Web Services (AWS),

U.S. News & World Report · 18h

Amazon Beats Quarterly Revenue Estimates, Cloud Growth Lags

Amazon.com topped Wall Street estimates for quarterly revenue on Thursday, as strong sales over the holiday shopping season boosted its retail business, helping offset weakness in the cloud computing unit.

2h

Amazon wants to spend $104 billion, and the stock gets clipped: What Wall Street is saying

Similar to Microsoft ( MSFT) and Meta ( META) this earnings season, Amazon uncorked a whopper of a capex guide. It sees $104 ...

18hon MSN

Amazon Earnings Are Today. Why It’s All About AWS.

Wall Street expects Amazon Web Servicesrevenue of $28.8 billion for the quarter, an increase from last year’s $24.2 billion.

1don MSN

Amazon earnings preview: AWS cloud growth, AI demand, trade wars among key issues to watch

Amazon Web Services growth will be a major factor in Amazon's earnings report Thursday, along with questions about AI demand ...

18h

Amazon's AWS miss adds to Big Tech's cloud woes

Amazon (AMZN) stock is in focus after the company reported quarterly results and released weaker-than-expected first quarter ...

AWS completes the set with slower cloud growth expectations alongside Google and Microsoft. Play the long game, urges CEO Andy Jassy

AWS completes the set with slower cloud growth expectations alongside Google and Microsoft. Play the long game, urges CEO ...

1d

Amazon's cloud business faces crucial test after rivals Microsoft, Google stumble

The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...

15h

Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components

AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.

17hon MSN

Amazon shares slide as weak revenue outlook, AI spending rattle investors

Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.

15h

Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending

AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...

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