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Amazon, AI and Meta
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
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 Intends to Spend Over $100 Billion on AI This Year. Here's How It Compares to Google, Meta, and Microsoft.
Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
20h
on 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 ...
1d
Amazon dips after cloud growth disappoints investors
Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed ...
3d
Amazon (AMZN) Will Be Under Pressure to Deliver Strong Cloud Computing Results
Amazon (AMZN) will likely be under pressure to deliver strong cloud computing results in its fourth-quarter earnings report ...
2d
on 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.
2d
Amazon shares drop as cloud growth, sales forecast lag
Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer's cloud computing unit and ...
21h
on MSN
The mystery inside Amazon’s record profits: How much are higher seller fees boosting the bottom line?
Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.
2d
Amazon Says Profits Rose 88% but Cautions Growth May Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
14h
on MSN
Podcast: Amazon, AI, and the cloud — a reality check, with Corey Quinn of ‘Last Week in AWS’
As cloud giants Amazon, Microsoft, and Google spend record sums to build out their capacity for artificial intelligence ...
2d
Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
Bisnow
1d
Amazon To Spend $100B On AI In 2025 As A Data Center Arms Race Brews
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
2d
Amazon profits last year soared, but growth is slowing
Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...
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