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AI, Amazon and Google

Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft

Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in 2025, up at least 20% from 2024. The "vast majority" of

Investopedia on MSN · 18h

Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI

Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" going to AI for Amazon Web Services.The company is the latest Big Tech firm to announce it's boosting expected AI infrastructure spending this year.

NBC Los Angeles · 20h

Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Amazon said it plans to boost capital expenditures to $100 billion in 2025,

Amazon Cuts Reference to Diversity

Geekwire on MSN · 1h

Amazon cuts workforce diversity reference from annual filing amid Trump-led backlash against DEI

Amazon scrubs references to workforce diversity in annual report while CEO Andy Jassy celebrates Black History Month with employees.

Reuters on MSN · 3h

Amazon cuts diversity reference from annual report as firms roll back DEI

Amazon.com eliminated a reference to "inclusion and diversity" in its annual report filed on Thursday, after telling employees in December that it was winding down diversity programs as part of corporate America's broader retreat from such policies.

U.S. News & World Report · 3h

Amazon Cuts Reference to Diversity From Annual Report

Amazon.com eliminated a reference to "inclusion and diversity" in its annual report filed Thursday, after it told employees in a December memo that it was winding down such programs as part of corporate America's broader retreat from such policies.

20h

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 ...

9mon MSN

Amazon plans to spend an estimated $100 billion on AI in 2025

Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital ...

20hon MSN

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 wants to spend $100 billion this year for ‘once in a lifetime' AI opportunity

Speaking with investors on an earnings call, CEO Andy Jassy suggested Amazon may spend more than $100 billion in the year ...

13h

Amazon to invest billions of dollars into AI in 2025, reveals CEO Andy Jassy

Amazon is gearing up for a massive AI investment, with capital expenditures projected to exceed $100 billion in 2025 ...

3hon MSN

Amazon commits ‘huge investment’ to outspend Google, Microsoft in AI arms race

Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...

Amazon is on track to have 'a really good year': Analyst

TD Cowen Managing Director and Senior Equity Research Analyst John Blackledge joins Catalysts to analyze Amazon's (AMZN) ...

23hon MSN

Amazon Q4 Ad Revenue Climbs 18% but Misses Wall Street Estimates, Total Profit Hits $20 Billion in Holiday Shopping Period

Amazon reported $17.3 billion in advertising sales for Q4 2024, an increase of 18% -- which fell short of Wall Street ...

1don MSN

3 Reasons to Buy Amazon Stock Like There's No Tomorrow

In general, Amazon's approach is to be everything to everyone rather than striving for a niche audience, and it has released ...

11hon MSN

‘Once-in-a-lifetime’ opportunity: Amazon to invest $100 billion in AI, cloud this year

Outpacing the likes of Microsoft and Google, Amazon has announced to invest a whopping $100 billion in Artificial ...

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.

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AI, Amazon and Google

Amazon Cuts Reference to Diversity

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