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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.

Business Insider · 15h

Amazon Bets Big on AI With $100B Planned Capex in 2025

E-commerce behemoth Amazon.com (AMZN) is betting big on AI (artificial intelligence), with a planned $100 billion in capital expenditures in

NBC New York · 22h

Amazon expects $100 billion of capex in 2025 on ‘once-in-a-lifetime' AI opportunity

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

NBC Los Angeles · 22h

Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Amazon said it plans to boost capital expenditures to $100 billion in 2025,

TechCrunch on MSN · 22h

Amazon doubles down on AI with a massive $100B spending plan for 2025

Amazon to unveil major AI upgrade for Alexa

Fast Company · 2d

Amazon’s Alexa generative AI upgrade is finally coming after delays

Once released, it would mark the most significant upgrade to Alexa since its initial introduction accelerated a wave of digital assistants more than a decade ago.

PCMag on MSN · 1d

Amazon Set to Finally Unveil AI-Enhanced Alexa at Feb. 26 Event

Amazon will host an event on Feb. 26 that may include the launch of a revamped Alexa the company has been teasing for more than a year. Amazon typically holds an event each fall to launch its latest Echo devices ahead of the holiday shopping season,

CNET on MSN · 1d

Amazon's Alexa Set for Major AI Upgrade: Here's What to Expect

Amazon is expected to tease a major AI-powered upgrade for its voice assistant Alexa later this month, one that could change how we interact with tech at home. The company has sent out media invites for a Feb.

Amazon's AI revamp of Alexa assistant nears unveiling

Amazon is set to release its long-awaited - and delayed - Alexa generative artificial intelligence voice service, said three ...

Amazon prioritizes AI-powered convenience, fast delivery in 2025

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

Amazon Plans to Unveil Next-Generation Alexa AI Later This Month

Amazon today sent out invites for an AI-focused event that will be held on February 26, and according to Reuters, the company ...

Amazon's gen AI-powered Alexa is coming - how much it could cost you

Citing intel from three people familiar with the matter and an internal planning document, Reuters reported that Amazon executives have a "Go/No-go" meeting slated for Feb. 14. That meeting will ...

The Atlantic on MSN7dOpinion

DeepSeek’s Chatbot Has an Important Message

The Chinese app has already hit the chipmaker giant Nvidia’s share price, but its true potential could upend the whole AI ...

20hon MSN

Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter

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 ...

Hosted on MSN13h

Amazon Misses Earnings Expectations, Shares Plunge

Tech giant Amazon’s (NASDAQ:AMZN) cloud computing arm has missed its revenue expectations, which raises concern about the ...

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