AI, Amazon

Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI
Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" going to AI for Amazon Web Services.The company is the latest Big Tech firm to announce it's boosting expected AI infrastructure spending this year.
Amazon doubles down on AI with a massive $100B spending plan for 2025
Amazon is joining other Big Tech companies by announcing huge AI spending plans for 2025. © 2024 TechCrunch. All rights reserved. For personal use only.
Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending
Wall Street’s expectations on fourth-quarter earnings and revenue today, but sales in its all-important cloud computing business came up short, and guidance for the current quarter was light. As a result,
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 2025, up at least 20% from 2024. The "vast majority" of
Amazon shares slide as weak revenue outlook, AI spending rattle investors
Amazon investors drove shares down sharply on Thursday due to weakness in the retailer’s cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit. Amazon’s shares fell as much as 5% in extended trade after the fourth-quarter earnings report,
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.
Tech Moves: Microsoft poaches 3 AI experts from Google DeepMind; Rover names COO; and more
Microsoft hired three former members of Google DeepMind, which was originally co-founded as a startup research lab by ...
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Google rolls out cheaper AI model as industry scrutinizes costs
Flash-Lite 2 can generate captions for around 40,000 unique images at a cost of less than a dollar on Google AI Studio’s paid ...
Google opens its most powerful AI models to everyone, the next stage in its virtual agent push
Google on Wednesday released Gemini 2.0 — its "most capable" artificial intelligence model suite yet — to everyone. In ...
Apple Kills AR Glasses, Hello Alexa AI, Reality Labs’ Reality, More Cinematic AI
Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...
Amazon's cloud business faces crucial test after rivals Microsoft, Google stumble
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...
Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
Google Photos will add a hidden watermark to your AI-edited images
All photos that derive creative benefits from AI courtesy of Magic Editor's Reimagine tool will be watermarked at the ...
Mistral releases its AI assistant on iOS and Android
Mistral, the company sometimes considered Europe’s great hope for AI, is releasing several updates to its AI assistant, Le ...
Microsoft’s AI boss just raided Google. He poached two scientists who built a tool that can transform ho-hum text into a riveting podcast
Microsoft AI boss and Google DeepMind co-founder Mustafa Suleyman recruited new tech talent to work for Microsoft in Zurich.