Nvidia has been the big artificial intelligence (AI) winner so far, but these two companies might have better long-term ...
The rise of artificial intelligence in finance has led many investors to question whether AI-powered tools like ChatGPT can ...
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 ...
Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.
A new AI-powered platform is already helping NFL and other sports teams better engage with fans and optimize revenue potential.
As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...
In the fourth quarter of 2024, Amazon allocated $26.3 billion for capital expenditures, which CEO Andy Jassy mentioned is “ ...
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital ...
Amazon ( AMZN -3.99%) stock is slipping in Friday's trading. The tech giant's share price was down 4.1% as of 2:30 p.m. ET. Meanwhile, the S&P 500 ( ^GSPC -0.81%) was down 1%, and the Nasdaq Composite ...
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.
There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...