Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon shares slipped in after-hours trading yesterday as investors re-evaluated the company's spending on AI.
Amazon today sent out invites for an AI-focused event that will be held on February 26, and according to Reuters, the company ...
Amazon's cloud computing arm, Amazon Web Services, reported fourth-quarter revenue of $28.7bn (£23.1bn), just below Wall ...
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 ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
Once released, it would mark the most significant upgrade to Alexa since its initial introduction accelerated a wave of ...
Citing intel from three people familiar with the matter and an internal planning document, Reuters reported that Amazon executives have a "Go/No-go" meeting slated for Feb. 14. That meeting will ...
Amazon is set to release its long-awaited - and delayed - Alexa generative artificial intelligence voice service.
The new generative AI-powered Alexa represents at once a huge opportunity for Amazon, which counts more than half a billion ...
Amazon is using math to help solve one of artificial intelligence’s most intractable problems: its tendency to make up answers, and to repeat them back to us with confidence.
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