The company posted its Q4 2024 quarterly earnings results this week, which rounded out another strong quarter for its Amazon ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to invest some $100 billion this year, with most of the money going toward data ...
In 2024, this spending was still $83 billion. Amazon is trying to invest quickly in AI as competition from companies such as ...
Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 ...
An immense demand for AI services is forcing some of the world’s biggest tech companies including Amazon and Microsoft that ...
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 ...
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
AWS and Orbital Materials have announced a partnership using generative AI to boost data center sustainability and efficiency ...
Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company reported $83 billion in capital expenditures last year. Amazon has been racing ...