In 1957, the Soviet Union launched the world’s first artificial satellite into orbit, sparking fears in the US that, unless it took radical action to accelerate innovation, ...

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

DeepSeek has gone viral. Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose ...

Meta, Microsoft, Amazon and Alphabet are planning on spending $320 billion this year, with a primary focus on boosting their AI products ...

Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.

Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...

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

DeepSeek DeepSeek DeepSeek! That word has taken over the internet over the past week. Though things have cooled off a bit, it ...

Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...

Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" ...

Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...

Live Updates Make sure to refresh this page periodically for updates. Amazon Addresses DeepSeek 2:36 pm A Wall Street analyst ...