The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.

Interested in learning about the best cloud storage providers? We’ve narrowed down our top picks so you can decide which ...

Amazon says it expects to spend in excess of $100 billion this year, with the “vast majority” going straight into AI projects ...

Amazon Chief Executive Andy Jassy said AI represents "the biggest technology shift and opportunity in business since the internet" But capacity constraints could make AI growth "lumpy," he told ...

Amazon shares fell after the e-commerce and cloud company's sales outlook missed analysts' expectations. Some key figures for last quarter: Earnings came in at $1.86 a share, about 25% above analyst ...

FY25 revenue growth guidance of 5%-9% is impacted by FX and extra sales days in the previous year. Click for my AMZN stock ...

(Reuters) -Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.

There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...

Australia’s $2 billion Top Secret cloud is sorely needed by defence and intelligence agencies that have fallen years behind ...

Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...

The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...

Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...