In the fourth quarter of 2024, Amazon allocated $26.3 billion for capital expenditures, which CEO Andy Jassy mentioned is “ ...

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.

There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...

Meta, Microsoft, Amazon and Alphabet are planning on spending $320 billion this year, with a primary focus on boosting their AI products ...

CommBank has entered a five-year strategic collaboration with Amazon Web Services (AWS) to continue as the bank’s preferred ...

Alibaba's AI advancements and promising financial growth make it a compelling stock with significant upside potential. Read ...

Amazon is introducing a generative AI-powered version of Alexa, marking the most significant update since its launch. This ...

Tech group reveals it put $19.9bn into its Reality Labs division, which develops its smart glasses and headsets, last year ...

We recently published a list of Coatue’s 35 Most Important AI Stocks. In this article, we are going to take a look at where ...

China began the week with a bang when it launched its homegrown chatbot DeepSeek, but America’s big technology companies were ...

This is a massive head start, and cultural symmetry that seemed to make American AI predestined. Open AI is backed by a US$14 billion investment from Microsoft, and has access to the cloud ...

Though most people have thought of analytics and AI as belonging to completely separate worlds, those spheres are converging.