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 ...
Amazon (AMZN) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial intelligence, even after Chinese startup DeepSeek’s success.
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.
The Trump administration’s decision to close the U.S. Agency for International Development has drawn widespread criticism ...
“Even though Amazon has once again pivoted toward a new investment cycle to play a key role in the AI revolution, its ...
The city is seeking visions for a new future for the Queens site, which has sat empty since Amazon abandoned its plans to ...