The shift comes as Big Tech cozies up to the Trump Administration, which has introduced several executive orders aimed at ...
For the past couple of years, the Magnificent Seven stocks have had an amazing run. However, there have been a handful of ...
After the arrival of a less costly A.I. model from China, U.S. markets and academics are wrestling with the ultimate economic ...
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.
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.
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.
Meta, Microsoft, Amazon and Alphabet are planning on spending $320 billion this year, with a primary focus on boosting their AI products ...
I have a feeling we haven’t heard the last of the quantum computing trend. Even if the emerging technology is many years (or ...
The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
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