Amazon Andy Jassy - Search News

Amazon, AI 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 · 14h

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 · 16h

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 · 16h

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

16hon 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 ...

4hon MSN

Amazon, Like Microsoft, Says It Can’t Keep Up With AI Demand

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

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 ...

16h

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 ...

Cryptopolitan on MSN1h

Either chips stocks are absurdly cheap or someone is lying – Amazon’s $100M+ AI investment case study

Amazon plans to invest $100 billion in CapEx for 2025, joining other tech giants in AI and data center investments despite mixed Q4 results.

18h

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 ...

17hon 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.

18hon 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 ...

22h

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.

Analysts rework Amazon stock price targets after Q4 earnings surprise

Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.

14h

Amazon, echoing Microsoft, says can’t keep up with AI demand

CEO Jassy said the supply of chips — from third parties and Amazon’s own chip design unit — and power capacity are limiting ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results