The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year.

Walmart, which is often dubbed the world’s biggest retailer in reference to its revenue, still leads the way when it comes to ...

Amazon may have edged out retail giant Walmart in terms of quarterly revenue with its fourth-quarter earnings released ...

Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...

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 ...

There’s stepping on the gas, and then there’s flooring it. When it comes to investing in artificial intelligence, Amazon AMZN-3.31%decrease; red down pointing triangle.com just did the latter.