There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...
Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
The S&P 500 index hit a new all-time high over 50 times in 2024, and many companies' valuations are very high. However, ...
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...
Amazon Web Services growth will be a major factor in Amazon's earnings report Thursday, along with questions about AI demand ...
What Happened? Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 7.1% in the afternoon session ...
The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.
Commonwealth Bank of Australia (CommBank) has extended its alliance with Amazon Web Services (AWS), with an aim to enhance ...