Amazon wants to spend $100 billion this year for ‘once in a lifetime' AI opportunity
Speaking with investors on an earnings call, CEO Andy Jassy suggested Amazon may spend more than $100 billion in the year ahead: “We spent $26.3 billion in capex in Q4, and I think that is reasonably representative of what you expect an annualized capex rate in 2025.”
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's Alexa Set for Major AI Upgrade
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
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Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Investors Await Nvidia Earnings As AI Spending Continues Rising.
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...
Automated reasoning differs from the reasoning method that has recently become hot among frontier models, such as Gemini 2.0.
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Good morning. Amazon worries about keeping up with AI demand, prompting a slide in its shares. UK landlords face costly ...
UAE, Amazon’s Q4 earnings for 2024 were a mixed bag, with strong year-over-year revenue growth but a disappointing outlook ...
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