Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
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Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
In a recent interview with AP, Bill Gates slammed Intel, claiming that the once-dominant chip maker had lost its way.
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 ...
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Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...
Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.
Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...