Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...

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

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

As cloud giants Amazon, Microsoft, and Google spend record sums to build out their capacity for artificial intelligence ...

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.

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

Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.

Amazon.com, Google, Meta Platforms and Microsoft, the world’s leading hyperscalers, are embarking on an unprecedented year of ...

Amazon Chief Executive Andy Jassy said AI represents "the biggest technology shift and opportunity in business since the ...

Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.