Amazon.com (NASDAQ: AMZN) announced plans to invest more than $100 billion in capital expenditures for 2025, with the majority allocated to artificial intelligence (AI) initiatives within its Amazon Web Services (AWS) division. This significant investment underscores Amazon’s commitment to AI, which CEO Andy Jassy described as “the biggest opportunity since cloud and probably the biggest technology shift and opportunity in business since the internet.”
As of February 7, 2025, Amazon’s stock is trading at $238.83, reflecting an increase of $2.58 (0.01%) from the previous close. The day’s trading range has been between $229.70 and $233.00, with an opening price of $238.00.
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About Amazon.com Inc.
Amazon.com Inc. is a multinational technology company focusing on e-commerce, cloud computing, digital streaming, and artificial intelligence. Founded by Jeff Bezos in 1994, Amazon has grown to become one of the world’s most valuable companies, offering a wide range of products and services to consumers and businesses globally.
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