Growth in AWS is key to Amazon's earnings story, says Truist Securities' Youssef Squali
Youssef Squali, Truist Securities global head of internet and media, joins CNBC's 'Squawk on the Street' to discuss ...
Amazon going all in on AI and cloud platform
“Even though Amazon has once again pivoted toward a new investment cycle to play a key role in the AI revolution, its ...
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 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.
Amazon Bets Big on AI With $100B Planned Capex in 2025
E-commerce behemoth Amazon.com (AMZN) is betting big on AI (artificial intelligence), with a planned $100 billion in capital expenditures in ...
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company reported $83 billion in capital expenditures last year. Amazon has been racing ...
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Amazon warns of cloud capacity constraints despite $100B AI investment plan
Amazon cautions investors over cloud capacity troubles in 2025. The company believes it may fail to meet customer demand for ...