amazon andy jassy - Search News

AI, Amazon 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 · 17h

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 · 19h

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,

Amazon Eyes $100 Billion In AI Spending Rush

MarketWatch on MSN · 2h

Amazon warned of ‘lumpy’ cloud trends. Why these analysts aren’t worried.

Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if it didn’t see strong long-term demand.

Cryptopolitan on MSN · 13h

Amazon warns of cloud capacity constraints despite $100B AI investment plan

Amazon cautions investors over cloud capacity troubles in 2025. The company believes it may fail to meet customer demand for its cloud computing devices despite planning to spend roughly $100 billion in the segment.

Yahoo · 2h

Amazon Eyes $100 Billion In AI Spending Rush But Warns Cloud Growth Will Be 'Lumpy'

The tech giant will spend $100 billion in 2025 focused on AI but said growth could face capacity constraints. Freyr announced in 2022 that it was planning on spending billions to build a plant in Coweta County.

17mon MSN

Amazon and Alphabet CEOs Plan Big Stock Sales

Amazon’s Andy Jassy and Alphabet’s Sundar Pichai plan to sell about $19.2 million and $169 million of their respective ...

21mon MSN

Amazon cuts workforce diversity reference from annual filing amid Trump-led backlash against DEI

Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with ...

Bisnow1h

Amazon To Spend $100B On AI In 2025 As A Data Center Arms Race Brews

CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...

RCR Wireless News2h

Amazon planning $100 billion AI infrastructure spend in 2025

As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...

19hon 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 ...

12h

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 ...

Amazon is on track to have 'a really good year': Analyst

TD Cowen Managing Director and Senior Equity Research Analyst John Blackledge joins Catalysts to analyze Amazon's (AMZN) ...

CIO Dive1h

Amazon to boost AWS capacity with $100B investment

The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...

21hon 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 ...

20hon 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.

Cryptopolitan on MSN4h

Either chips stocks are absurdly cheap or someone is lying – Amazon’s $100M+ AI investment case study

On February 6, e-commerce giant Amazon announced it will boost its spending in 2025 with a projected $100 billion earmarked ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results