Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
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Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon says it expects to spend in excess of $100 billion this year, with the “vast majority” going straight into AI projects ...
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.
E-commerce behemoth Amazon.com (AMZN) is betting big on AI (artificial intelligence), with a planned $100 billion in capital expenditures in ...
1don MSN
Amazon reported $26.3 billion in capital expenditures in the fourth quarter, and the company plans to keep spending at that ...
Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Bank of America analyst Justin Post reiterated a Buy rating and raised the price target from $255 to $257. RBC Capital ...
Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...
Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company ...
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