Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in 2025, up at least 20% from 2024. The "vast majority" of ...

Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative training techniques and inference optimizations. He also highlighted the ...

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

Amazon CEO Andy Jassy has said that the company’s cloud computing growth could be tampered due to constraints in obtaining AI infrastructure and electricity to power data centers.

Amazon is gearing up for a massive AI investment, with capital expenditures projected to exceed $100 billion in 2025 ...

Reconomy has confirmed the appointment of Rakhshan Zahid as CEO of its Re-use division to drive circular economy innovation.

UPS said it was cutting its business with Amazon in half by the middle of next year because of profitability concerns. Shares ...

Amazon Web Services is grappling with capacity constraints due to AI chip shortages, impacting growth despite strong demand. AWS reported a 19% sales increase but missed market expectations.

In his expanded role, Buechel will oversee Amazon's roster of grocers, including Whole Foods, Amazon Fresh, Amazon Go and ...

Amazon (AMZN) is going all-in on artificial intelligence, planning to pour over $100 billion into AI infrastructure in 2025.

The Chinese AI that has taken the internet by storm is now available for application use through Amazon’s cloud, the U.S.

Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.