Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.
Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" ...
The shift comes as Big Tech cozies up to the Trump Administration, which has introduced several executive orders aimed at ...
Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed ...
According to a recent report, Meta will invest up to $100 billion in its VR products and smart glasses. More details here.
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by more efficient models.
Big tech companies Meta Platforms and Alphabet’s Google are among the companies that have rolled back such programs in the ...
A Supreme Court ruling on CSAM reporting has put US-based social media platforms in a legal dilemma, forcing discussions on ...
In a recent World Economic Forum survey, some 41% of companies worldwide said they were expecting to reduce their workforces ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...