amazon andy jassy - Search News

AI, Amazon and Google

Fortune on MSN · 1d

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 · 1d

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 · 1d

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,

1don 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 ...

1d

Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components

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

15hon MSN

Amazon, Like Microsoft, Says It Can’t Keep Up With AI Demand

Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...

13hon 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 ...

15hon MSN

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 ...

1d

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 ...

19h

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 ...

20hon MSN

Amazon commits ‘huge investment’ to outspend Google, Microsoft in AI arms race

Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...

1d

Amazon Says Profits Rose 88% but Cautions Growth May Slow

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

21h

Amazon, Microsoft say they can’t keep up with AI demand, could face capacity constraints

Despite Amazon’s plans to invest nearly $100 billion in cloud infrastructure this year, CEO Andy Jassy has cautioned that ...

13hon 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 ...

Some results have been hidden because they may be inaccessible to you

Show inaccessible results