Capex by Amazon, Google, Meta, and Microsoft is rising to eye-watering levels next year and beyond, fueled by the generative AI boom

Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column.

AWS’s robust growth, especially in AI and cloud services, strengthens Amazon’s revenue and positions it as a leader in cloud infrastructure. Amazon has significantly improved its operational efficiency across segments, particularly in North America ...

Amazon CEO Andy Jassy said AWS, its cloud-computing unit, shows it's got the logistical know-how to succeed in artificial intelligence.

So, first of all, Amazon says that Prime Video’s new X-Ray Recaps doesn’t contain spoilers. As a generative-powered feature, X-Ray Recaps is capable of creating short summaries of full seasons of TV shows,

Companies face challenges as they seek to balance ambitious AI pursuits with the need to reassure investors they are focused on short-term results.

A new report reveals how Amazon continues to struggle with building a better AI brain for Alexa as competitors surge ahead.

Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company’s stock up in after-hours trading.

It's still early in the AI race, and Amazon's slow start may not matter in the end. In fact, the company's third-quarter earnings report showed why the stock can keep moving higher even if Amazon isn't an artificial intelligence leader.

The company is calling it "X-Ray Recaps," and it's available now in Beta version on Amazon MGM Originals and for Fire TV users specifically. X-Ray Recaps is powered through generative AI models trained on various video segments of shows, subtitles ...

If you’re familiar with AI chatbots such as ChatGPT or Gemini, Rufus is very much along the same lines. It’s trained on “Amazon’s extensive product catalog, customer reviews, community Q&As, and information from across the web”, which it then sifts through, connects together, and summarizes to respond to your questions.