Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
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 expects $100 billion of capex in 2025 on ‘once-in-a-lifetime' AI opportunity
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
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Amazon’s ad revenue touches $17.3 billion in Q4FY24
2024 was also the year when Amazon’s ad revenue crossed the $50 billion mark; Jassi said it is a $69 billion annual revenue ...
Amazon set to report earnings after the bell
The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.
Amazon profits last year soared, but growth is slowing
Amazon almost doubled its profits in 2024 compared to the year before, but it missed some analysts expectations in its cloud ...
Jassy says holiday shopping season ‘most successful yet for Amazon’
The holiday shopping season was the most successful yet for Amazon and we appreciate the support of our customers, selling partners, and employees who helped make it so. When we look back on this ...
When Amazon CEO Andy Jassy told employees: One of the reasons I'm still at Amazon is because it's not a ...
Amazon CEO Andy Jassy attributes the company's streamlined decision-making process to his continued leadership. As Amazon ...