Tech giants plan to spend billions of dollars to build their AI infrastructure, contrary to the frugal economics of Chinese ...

Amazon AWS will invest $100 billion in 2025 to take the lead in AI spending. Amazon CEO Andy Jassy said recent efficiency ...

Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative ...

This week saw the remainder of the hyperscalers lay out their 2025 AI capex plans. And the investments continue to get bigger and bigger.

Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.

Google has earmarked $75bn, Amazon is set to allocate $100bn, Meta has committed $65bn, and Microsoft plans to invest $80bn ...

The rise of artificial intelligence in finance has led many investors to question whether AI-powered tools like ChatGPT can ...

Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...

As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

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.

CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...