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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 · 9h

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 · 11h

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 · 11h

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

11hon 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 ...

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 ...

11h

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 ...

11h

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.

1don MSN

Amazon’s war on bloat alienates workers — and pleases Wall Street

Employees in multiple departments at Amazon describe an uncertain workplace, where old career paths are drying up and ...

12hon 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.

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 ...

18h

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.

14hon 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 ...

13h

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 ...

24m

Amazon, Microsoft say they can’t keep up with AI demand, could face capacity constraints

Despite Amazon’s plans to invest nearly $100 billion in cloud infrastructure this year, CEO Andy Jassy has cautioned that ...

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