E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock ...
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 ...
For the past couple of years, the Magnificent Seven stocks have had an amazing run. However, there have been a handful of ...
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 ...
As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...
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.