Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Key Takeaways Amazon shares dropped Friday after the tech giant said it plans to spend over $100 billion this year to support ...
6hon MSN
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
“Even though Amazon has once again pivoted toward a new investment cycle to play a key role in the AI revolution, its ...
Amazon AMZN has rallied 48.9% in the past year on the back of exceptional business execution and groundbreaking AI ...
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