Amazon joins Google, Microsoft in cloud weakness, shares slide
The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon shares dropped 4% on Friday after CEO Andy Jassy warned the company could face capacity constraints in its cloud ...
RCR Wireless News15h
Amazon planning $100 billion AI infrastructure spend in 2025
As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...
Amazon plans to spend an estimated $100 billion on AI in 2025
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.
The Next Platform17h
Amazon Will Spend Nearly A Year Of AWS Revenue On AI Investments
There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
Bisnow17h
Amazon To Spend $100B On AI In 2025 As A Data Center Arms Race Brews
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Amazon dips after cloud growth disappoints investors
Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed ...