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 ...
Amazon Intends to Spend Over $100 Billion on AI This Year. Here's How It Compares to Google, Meta, and Microsoft.
Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
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As China and the U.S. Race Toward A.I. Armageddon, Does It Matter Who Wins?
A longstanding Sinophobia in the U.S. goes back to the 19th century, with the Chinese Exclusion Act, the tax on Chinese miners during the Gold Rush, and ...
Amazon joins Google, Microsoft in cloud weakness, shares slide
The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...