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AI, Amazon
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 said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.
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.
2h
Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
3h
on MSN
Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
2d
on MSN
Jamie Dimon spoke to Jeff Bezos about joining Amazon as president before JPMorgan career
It's hard to imagine Jamie Dimon not working on Wall Street—but the billionaire banker was at one point considering a move to ...
5h
on MSN
Amazon Q4 Ad Revenue Climbs 18% but Misses Wall Street Estimates, Total Profit Hits $20 Billion in Holiday Shopping Period
Amazon reported $17.3 billion in advertising sales for Q4 2024, an increase of 18% -- which fell short of Wall Street ...
9h
Amazon set to report earnings after the bell
The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.
grocerydive
10d
Amazon taps Whole Foods CEO to helm its entire grocery business
Jason Buechel, who will remain the head of the specialty banner, steps into a newly created role in which he will also ...
8d
Amazon taps Whole Foods CEO Jason Buechel to lead grocery business
In his expanded role, Buechel will oversee Amazon's roster of grocers, including Whole Foods, Amazon Fresh, Amazon Go and ...
7d
on MSN
Cisco’s top exec and Amazon’s Andy Jassy share the same hiring red flag—and it’s something that can’t be taught
It’s not what you know, or even who you know. According to Cisco’s new U.K. chief, your next promotion might hinge on your attitude.
6d
on MSN
DeepSeek is now available via Amazon Web Services. ‘Have at it,’ says CEO Jassy.
The Chinese AI that has taken the internet by storm is now available for application use through Amazon’s cloud, the U.S.
7d
on MSN
Amazon increases ad spending on X in major reversal: report
Amazon has increased its ad spending on Elon Musk's X platform in a reversal from its previous decision to remove ads over ...
4h
on MSN
'Most Successful Yet for Amazon': Walmart Has Topped the S&P 500 for 12 Years. This Month, Another E-Commerce Giant Is Expected to Take Its Crown.
Walmart may have generated the most revenue of any other company in the S&P 500 for the past 12 consecutive years, but ...
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