Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...

Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative ...

Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with ...

As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...

As cloud giants Amazon, Microsoft, and Google spend record sums to build out their capacity for artificial intelligence ...

Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.

The chief executives of both Amazon (AMZN) and Alphabet (GOOGL) are moving to sell millions of dollars of company stock that ...

Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...

CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...

Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped ...

Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.