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 ...
A new AI-powered platform is already helping NFL and other sports teams better engage with fans and optimize revenue potential.
(Reuters) -Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.
There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
Amazon.com, Microsoft, and Alphabet all fell after earnings. The common theme was disappointment in the cloud.
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
E-commerce giant Amazon (AMZN) has finally seen its revenue surpass that of retail king Walmart – 10 years after Amazon’s market cap surpassed ...
AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...
Amazon Web Services (AWS), the company’s cloud division, reported a 19-per-cent rise in revenue to US$28.79-billion, just shy ...
(Reuters) -Amazon.com shares fell 2% on Friday after the tech giant reported lackluster cloud revenue growth, amplifying investor concerns that Big Tech's massive artificial intelligence investments ...
Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their AI commitments for the fiscal year 2025.
First-quarter outlook was also slightly better than we expected.