Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
But after posting a record-breaking $20 billion in profits during the fourth quarter of 2024 alone, almost double its $10.6 ...
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 ...
Meet man, MBA graduate from Harvard, who leads one of world’s big tech firms as CEO, he is...
As Chinese AI startup DeepSeek is riding on the wave of popularity, it is receiving applauses from everywhere, even from the ...
Amazon CEO on why cloud computing business couldn’t meet market expectations: We could be growing faster, if not for some…
Amazon Web Services is grappling with capacity constraints due to AI chip shortages, impacting growth despite strong demand.
Amazon CEO Andy Jassy, impressed by DeepSeek, says “we thought that was…”
Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative ...
Andy Jassy tells Amazon staff, ‘Why i’m still here after all these years' amid restructuring efforts
Amazon is set to eliminate thousands of middle management positions by March 2025 as part of a broad restructuring effort ...
100 Billion Reasons to Buy Amazon Stock Hand Over Fist Right Now
Is Amazon's (NASDAQ: AMZN) remarkable growth story fizzling? At the low end of this range, that would be the lowest year-over ...
DeepSeek is now available via Amazon Web Services. ‘Have at it,’ says CEO Jassy.
The Chinese AI that has taken the internet by storm is now available for application use through Amazon’s cloud, the U.S.
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Nvidia Stock Predictions 2025: 3 Key Takeaways From Magnificent 7 Earnings
Except for Nvidia , which will report its earnings later this month, all other “Magnificent 7” constituents have released ...
Tech giants are lining up over $300 billion in AI spend. Their CEOs are betting cheaper models will drive up AI demand.
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
Amazon's Push to Cut Costs Triggers Fears of Fewer Promotions
Campaign to restructure workforce is capitalizing on a moment when return-to-office policies are more common and the ...
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Amazon CEO Andy Jassy, impressed by DeepSeek, says “we thought that was…”
Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative training techniques and inference optimizations. He also highlighted the ...