Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
2don MSN
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon will pay $3.95 million to settle a lawsuit claiming that it diverted the tips its Flex drivers received to pay for the employees' base wages.
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant ...
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 company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday.
Amazon Web Services is grappling with capacity constraints due to AI chip shortages, impacting growth despite strong demand.
However, Carvana's stock subsequently bounced back to about $255 as of this writing. A $10,000 investment in the stock at its ...
Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking ...
Walmart, which is often dubbed the world’s biggest retailer in reference to its revenue, still leads the way when it comes to ...
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