Amazon doubles down on AI with a massive $100B spending plan for 2025
Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
Amazon’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead
Amazon shares slid after the online retail and cloud-services giant offered a first-quarter outlook that came up short of ...
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 capital investment.
Amazon Posts Solid Earnings. A Cloud Miss and Weak Outlook Are Hurting the Stock.
Revenue for the quarter reached $187.8 billion, against expectations of $187.3 billion, and up 10% on the year.Amazon’s ...
Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon reported $26.3 billion in capital expenditures in the fourth quarter, and the company plans to keep spending at that ...
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CommBank and AWS expand collaboration to deliver global best cloud and AI capabilities, enabling idea to production in six weeks
CommBank has entered a five-year strategic collaboration with Amazon Web Services (AWS) to continue as the bank’s preferred cloud provider. This agreement marks the next step in CommBank’s technology ...