As cloud giants Amazon, Microsoft, and Google spend record sums to build out their capacity for artificial intelligence ...
This week saw the remainder of the hyperscalers lay out their 2025 AI capex plans. And the investments continue to get 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 ...
In the fourth quarter of 2024, Amazon allocated $26.3 billion for capital expenditures, which CEO Andy Jassy mentioned is “ ...
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 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 ...
Meta, Microsoft, Amazon and Alphabet are planning on spending $320 billion this year, with a primary focus on boosting their AI products ...
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