Tech giants plan to spend billions of dollars to build their AI infrastructure, contrary to the frugal economics of Chinese startup DeepSeek's (DEEPSEEK) AI model. U.S. companies, including Alphabet's ...

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

E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock ...

We recently compiled a list of the 9 Must-See AI News Updates That Are Trending on Wall Street. In this article, we are going ...

As cloud giants Amazon, Microsoft, and Google spend record sums to build out their capacity for artificial intelligence ...

According to Fortune Business Insights, the cloud computing market could still grow at a compound annual growth rate (CAGR) ...

The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.

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 ...

Amazon shares dropped Friday and some analysts lowered their price targets amid concerns about the tech giant's plans to ramp ...

Amazon Chief Executive Andy Jassy said AI represents "the biggest technology shift and opportunity in business since the internet" But capacity constraints could make AI growth "lumpy," he told ...

A new AI-powered platform is already helping NFL and other sports teams better engage with fans and optimize revenue potential.

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