AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.

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 beat Wall Street’s expectations for the fourth quarter, driven by strong cloud growth, AI investments, and a robust holiday shopping season. However, the company issued a gloomy outlook for the ...

Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...

Amazon reported $17.3 billion in advertising sales for Q4 2024, an increase of 18% -- which fell short of Wall Street ...

The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.

Tesla CEO Elon Musk, Amazon founder Jeff Bezos, Apple CEO Tim Cook and Meta Platforms CEO Mark Zuckerberg stood behind Trump ...

In general, Amazon's approach is to be everything to everyone rather than striving for a niche audience, and it has released ...

As Elon Musk and his billionaire brethren take power in Trump’s second term, the lack of legal guardrails — and the fading ...

The meeting comes amid broad anxiety about the success of a Chinese artificial intelligence app called DeepSeek.