amazon ceo andy jassy

AI, Amazon 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

Investopedia on MSN · 10h

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.

NBC Los Angeles · 12h

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,

TechCrunch on MSN · 12h

Amazon doubles down on AI with a massive $100B spending plan for 2025

12hon 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 ...

27mon MSN

Amazon commits ‘huge investment’ to outspend Google, Microsoft in AI arms race

Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...

Amazon to invest billions of dollars into AI in 2025, reveals CEO Andy Jassy

Amazon is gearing up for a massive AI investment, with capital expenditures projected to exceed $100 billion in 2025 ...

12h

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.

12h

Amazon expects $100 billion of capex in 2025 on ‘once-in-a-lifetime' AI opportunity

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

Amazon Declines Nearly 3% In Friday Pre-Market: What's Going On?

The shares of e-commerce giant Amazon declined 2.65% in pre-market hours trading on Friday following the company's ...

Amazon moves to cut costs, triggering fears of fewer promotions, Bloomberg says

CEO Andy Jassy’s campaign to flatten Amazon’s middle management is raising fears among staff of lean years and fewer promotions, as old career ...

19h

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.

14hon MSN

Amazon shares slide as weak revenue outlook, AI spending rattle investors

Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.

15h

Jassy says holiday shopping season ‘most successful yet for Amazon’

The holiday shopping season was the most successful yet for Amazon and we appreciate the support of our customers, selling partners, and employees who helped make it so. When we look back on this ...

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