Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion in 2025 fearing China’s AI
Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed ...
Amazon commits ‘huge investment’ to outspend Google, Microsoft in AI arms race
Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...
Amazon, Like Microsoft, Says It Can’t Keep Up With AI Demand
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
UAE to invest billions to build AI data center in France
A few days ahead of the Artificial Intelligence Action Summit in Paris, the French presidency has announced the first of ...
Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI
Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.
Amazon's outlook underwhelms as tech giant forecasts 'lumpy' cloud growth in years ahead
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
Apple Kills AR Glasses, Hello Alexa AI, Reality Labs’ Reality, More Cinematic AI
Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...
Amazon Says Profits Rose 88% but Cautions Growth May Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Elon Musk’s DOGE Is Running Highly Sensitive Government Data Through AI: Report
Elon Musk’s team of Stasi programmers at DOGE are feeding highly sensitive data from the Department of Education through ...
OpenAI’s $500B Stargate Project eyeing Utah as potential investment target
Artificial intelligence developer OpenAI on Thursday announced its list of 16 states, including Utah, that could potentially ...
Google retracts promise not to use AI for weapons or surveillance — prompting employee backlash: ‘Are we the baddies?’
The company’s historical reluctance to engage in military AI projects stems from employee-led protests in 2018, when workers ...
Wisconsin could be part of $500 billion Stargate AI project. Data center sites explored.
ChatGPT creator OpenAI, Softbank and Oracle, along with other equity backers of Stargate, have committed $100 billion for ...