Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.

New investors in the round include Ares Management, Laurene Powell Jobs’ Emerson Collective, Jane Street, and Segra Capital ...

Big tech companies Meta Platforms and Alphabet’s Google are among the companies that have rolled back such programs in the ...

As Amazon celebrates 30 years, we’re proud of the strides we've made by investing in local communities, our employees, and leveraging our scale to do good.

Amazon faced ~900 Mn FX headwind in 4Q’24 which was ~700 mn higher than assumed. For the third consecutive quarter, AWS grew ...

Seven young adults with learning disabilities have been gaining practical skills and confidence through an internship ...

Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer's cloud computing unit and ...

Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.

Mark Mahaney, Evercore ISI: Asked about 2025 CapEx and AWS supply constraints. Jassy stated annualized CapEx of $26.3 billion in Q4 will likely continue in 2025, primarily driven by AI investments. He ...

The Trump administration’s decision to close the U.S. Agency for International Development has drawn widespread criticism ...

Amazon’s lackluster forecast for FY25 left investors underwhelmed despite what were otherwise solid quarterly results, specifically a 61% surge in operating income. Wall Street was also jolted by the ...

Invites went out for an Amazon event in New York City on February 26, and all clues point to an Alexa AI announcement.