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Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results

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AP News
AP News3 hrs ago
Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results
Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results  AP News
Philadelphia Inquirer
Philadelphia Inquirer🏁 first to report3 hrs ago
Amazon to boost spending on AI and other technology by $20 billion after strong Q2 results
Amazon said it will be increasing this year’s capital spending on technology, mostly artificial intelligence, by an additional 10% after the tech and e-commerce giant delivered strong profits and net sales during for fiscal second quarter, helped by surging growth in its prominent cloud computing unit