Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative ...

In 2024, this spending was still $83 billion. Amazon is trying to invest quickly in AI as competition from companies such as ...

Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their commitments to AI efforts for the fiscal year ...

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

Big Tech ramps up AI spending, with Amazon, Google, Microsoft, and Meta pushing total investment past $300 billion in 2025 ...

Meanwhile, robust retail performance and solid advertising helped partly offset the cloud weakness, with online sales rising ...

Amazon has invested $8 billion in AI startup Anthropic and will leverage its technology to power the new Alexa. The service is expected to integrate seamlessly with existing Alexa-enabled devices, ...

AWS completes the set with slower cloud growth expectations alongside Google and Microsoft. Play the long game, urges CEO ...

FY24 results met expectations, but weak Q1 guidance caused a dip. Learn why AMZN stock presents a potential buy-the-dip opportunity.

It means all eyes will be on AI chipmaker Nvidia, which reports on 26 February and suffered a steep drop in its own share price after the emergence of the Chinese AI system DeepSeek, with claims it ...

Amazon reported its fourth quarter earnings after the bell on Thursday, beating on the top and bottom line, but missing on Q1 ...

Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 ...