This week saw the remainder of the hyperscalers lay out their 2025 AI capex plans. And the investments continue to get bigger ...
Many US tech giants such as Microsoft, Meta, Amazon, Salesforce, Walmart, Stripe and other companies have announced job cuts ...
Competition from China’s DeepSeek has accelerated the rollout of artificial intelligence assistants that show their “thinking” when answering queries.
What should investors do during times of volatility? Read more on the importance of keeping focused on fundamentals and ...
According to Fortune Business Insights, the cloud computing market could still grow at a compound annual growth rate (CAGR) ...
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.
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 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.
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