Amazon says it expects to spend in excess of $100 billion this year, with the “vast majority” going straight into AI projects ...

In the fourth quarter of 2024, Amazon allocated $26.3 billion for capital expenditures, which CEO Andy Jassy mentioned is “ ...

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.

There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...

Meta, Microsoft, Amazon and Alphabet are planning on spending $320 billion this year, with a primary focus on boosting their AI products ...

Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.

The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...

CommBank has entered a five-year strategic collaboration with Amazon Web Services (AWS) to continue as the bank’s preferred ...

AI is the latest trend to capture market attention, but it's hardly the first. Investors tend to jump on the bandwagon when a ...

Alibaba's AI advancements and promising financial growth make it a compelling stock with significant upside potential. Read ...

Amazon is introducing a generative AI-powered version of Alexa, marking the most significant update since its launch. This ...

Tech group reveals it put $19.9bn into its Reality Labs division, which develops its smart glasses and headsets, last year ...