Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.

The company boosted customer service satisfaction with a generative AI-powered chatbot, and its Rufus shopping assistant is simplifying product searches.

Amazon shares slipped in after-hours trading yesterday as investors re-evaluated the company's spending on AI.

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 ...

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...

Ride-hail giant Lyft has partnered with AI startup Anthropic to build an AI assistant that handles initial intake for ...

Lyft announced a new partnership with Anthropic to use the Claude AI assistant to handle customer service requests. Claude is ...

This article contains affiliate links. We may earn a commission on any sales generated from it.Last year’s Game of ...

Amazon said it plans to boost capital expenditures to $100 billion in 2025, largely driven by AI investments. The company reported $83 billion in capital expenditures last year. Amazon has been racing ...

Google Gemini 2.0 released. Amazon Alexa to get generative AI capabilities. Realme P3 Pro launch. ChatGPT Search. ASUS ...

SAVE $120: As of Feb. 6, the iRobot Roomba Q0120 is on sale for $129.99 at Amazon. This is a 48% saving on the list price. We ...