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.
An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their ...
Alexa is set to receive a reboot powered by generative artificial intelligence, which "could be risky" for Amazon.
According to Fortune Business Insights, the cloud computing market could still grow at a compound annual growth rate (CAGR) ...
Finance professor Aswath Damodaran just slapped a $78 price target on Nvidia stock -- implying over 30% downside from current levels.
The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
Microsoft Corporation, Alphabet Inc Class A, Amazon.com Inc, Meta Platforms Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com ...
A clear trend has emerged in the past few weeks, as one tech giant after another reported their earnings: Big Tech is ...
Competition from China’s DeepSeek has accelerated the rollout of artificial intelligence assistants that show their “thinking” when answering queries.
Safe Superintelligence, an artificial intelligence startup co-founded by OpenAI's former chief scientist Ilya Sutskever last year, is in talks to raise funding at a valuation of at least $20 billion, ...
This grandest of Meta’s 20 worldwide data centers, this project is called Sucre, and will feature a 4 million square ...