Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.

The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

By Greg Bensinger, Deborah Mary Sophia (Reuters) -Amazon.com investors drove shares down sharply on Thursday due to weakness ...

It means all eyes will be on AI chipmaker Nvidia, which reports on 26 February and suffered a steep drop in its own share ...

Amazon (AMZN) listed on Nasdaq closed at $238.83 on Thursday, almost 1.13% higher than previous day’s close. However, in the ...

(Reuters) -Amazon.com shares fell 2% on Friday after the tech giant reported lackluster cloud revenue growth, amplifying ...

Amazon shares lost ground in extended trading on Thursday after the tech giant reported cloud computing revenue below ...

Amazon expects sales for the first quarter of 2025 to range between $151 billion to $155.5 billion, which is well below ...

Amazon shares slipped in after-hours trading yesterday as investors re-evaluated the company's spending on AI.

Amazon shares fell 4% in Frankfurt on Friday a day after the retailer's results showed weakness in its cloud computing unit ...

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.