Amazon, AI and Google

Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
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 Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI
Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" going to AI for Amazon Web Services.The company is the latest Big Tech firm to announce it's boosting expected AI infrastructure spending this year.
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Amazon said it plans to boost capital expenditures to $100 billion in 2025,
Amazon doubles down on AI with a massive $100B spending plan for 2025
Amazon is joining other Big Tech companies by announcing huge AI spending plans for 2025. © 2024 TechCrunch. All rights reserved. For personal use only.
Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending
Wall Street’s expectations on fourth-quarter earnings and revenue today, but sales in its all-important cloud computing business came up short, and guidance for the current quarter was light. As a result,
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon investors drove shares down sharply on Thursday due to weakness in the retailer’s cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit. Amazon’s shares fell as much as 5% in extended trade after the fourth-quarter earnings report,
Amazon shares fall 4% after cloud unit reports weaker-than-expected growth
Amazon shares fell 4% in Frankfurt on Friday a day after the retailer's results showed weakness in its cloud computing unit ...
Amazon's Alexa Set For Radical Overhaul: What to Know
Alexa is set to receive a reboot powered by generative artificial intelligence, which "could be risky" for Amazon.
Amazon set to pass Walmart in revenue for first time
Walmart, which is often dubbed the world’s biggest retailer in reference to its revenue, still leads the way when it comes to ...
Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
Amazon beats quarterly revenue estimates, cloud growth lags
Amazon.com topped Wall Street estimates for quarterly revenue on Thursday, as strong sales over the holiday shopping season ...
Upcoming Amazon event invite teases a new AI-powered Alexa
Invites went out for an Amazon event in New York City on February 26, and all clues point to an Alexa AI announcement.
Amazon Earnings: What to Watch
Amazon.com is due to report earnings after the close. It is the last of the $1 trillion-plus tech companies to report this ...
Amazon Says Profits Rose 88% but Cautions Growth May Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Wall Street ends mixed in choppy trading; Amazon, jobs report in focus
The S&P 500 and the Nasdaq ended higher while the Dow closed lower after a choppy trading session on Thursday, as investors ...
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Amazon's Alexa Set for Major AI Upgrade: Here's What to Expect
If announced, this would mark Alexa's most significant evolution since its debut in 2014. Although Amazon has long been a ...
Amazon earnings recap: Stock falls as guidance falls short, CFO indicates capex of more than $100 billion in 2025
Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...