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.
The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.
By Greg Bensinger, Deborah Mary Sophia (Reuters) -Amazon.com investors drove shares down sharply on Thursday due to weakness ...
Amazon (AMZN) listed on Nasdaq closed at $238.83 on Thursday, almost 1.13% higher than previous day’s close. However, in the ...
It means all eyes will be on AI chipmaker Nvidia, which reports on 26 February and suffered a steep drop in its own share ...
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Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.
Amazon shares fell 4% in Frankfurt on Friday a day after the retailer's results showed weakness in its cloud computing unit ...
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