The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...
Developing AI technology is not cheap at all. It costs billions of dollars to train AI models, and this is why most of the ...
Interested in learning about the best cloud storage providers? We’ve narrowed down our top picks so you can decide which ...
Nice, Abnormal Security, Google Cloud, Oracle, Microsoft and Peraton were among the tech companies making key executive hires ...
The monthly jobs report showed the U.S. added 143,000 Jobs in January, fewer jobs than economists expected. The unemployment rate ticked down to 4%. Follow along for live updates on stocks and other ...
Meta, Microsoft, Amazon, and Google parent Alphabet are expecting a cumulative $325 billion in capital expenditures in 2025, driven by their investments in artificial intelligence infrastructure.
A mid-January note from Mitra Azizirad, Microsoft's chief operating officer of strategic mission and technologies, also ...
Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.
Technology Secretary Peter Kyle reportedly had almost 20 meetings with tech giants between July and September last year - but ...
Wired on Thursday cited sources as saying that the chatbot is being developed for the U.S General Services Administration.
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
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.
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