Amazon Web Services is grappling with capacity constraints due to AI chip shortages, impacting growth despite strong demand.
Workers at the e-commerce giant's UK distribution centers are rapidly developing chronic pain, warn labor organizations.
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.
The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.
Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to invest some $100 billion this year, with most of the money going toward data ...
Amazon (AMZN) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial ...
Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company ...
In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...
Good day, everyone, and welcome to the Amazon.com fourth quarter 2024 financial results teleconference. At this time, all ...
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