In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...

Good day, everyone, and welcome to the Amazon.com fourth quarter 2024 financial results teleconference. At this time, all participants are in a listen-only mode. After the presentation, we will ...

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.

Amazon beat expectations for revenue and earnings for the fourth quarter, but it predicts slower growth in the next quarter.

Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...

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 ...

Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...

AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.

AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.