Amazon (AMZN) is going all-in on artificial intelligence, planning to pour over $100 billion into AI infrastructure in 2025.
The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.
A new AI-powered platform is already helping NFL and other sports teams better engage with fans and optimize revenue potential.
As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...
There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...
Amazon has credited its “remarkable innovation” for sales increasing 10% to $187.8bn in the fourth quarter which ended 31 December 2024. The marketplace giant saw sales in North America jump 10% ...
Amazon’s net sales increased 10% to $187.8 billion in the fourth quarter, compared with $170 billion in the prior year period ...
Q4 2024 Earnings Call Transcript February 6, 2025 Amazon.com, Inc. beats earnings expectations. Reported EPS is $1.86, expectations were $1.49. Operator: Thank you for standing by. Good day, everyone, ...
Amazon faced ~900 Mn FX headwind in 4Q’24 which was ~700 mn higher than assumed. For the third consecutive quarter, AWS grew ...
Amazon (NASDAQ: AMZN) fell short of Wall St expectations overnight, with its share price losing more than 4% in after-market trading. The company’s stock is still 40% higher over the past 12 months.
Q4 2024 Earnings Conference Call February 6, 2025 5:00 PM ETCompany ParticipantsDave Fildes - VP of IRAndy Jassy - ...