Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
The shopping group's sales increase in all areas and profits rise even more strongly. Investors are pleased with the exceeded ...
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 ...
In a statement on its official website, DeepSeek SAID that it had temporarily suspended the option for customers to add ...
Ride-hail giant Lyft has partnered with AI startup Anthropic to build an AI assistant that handles initial intake for ...
A leak offers a first look and details on how Google Search's AI Mode experience will work. More details here.
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 ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results