CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to invest some $100 billion this year, with most of the money going toward data ...
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Microsoft said its cloud-computing business will continue to grow slowly in the current quarter as the company struggles to ...
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
Looking for a quick fix for their fast-growing electricity diets, tech giants are increasingly looking to strike deals that ...
Amazon.com, Inc. (NASDAQ:AMZN) continues to dominate the e-commerce and cloud computing landscapes, with analysts maintaining a bullish outlook on the company's prospects for 2025 and beyond. The tech ...
Amazon.com Inc. is expected to spend 60% more than previously announced on a massive data center project in Mississippi, underscoring the escalating costs for artificial intelligence infrastructure.
Leading AI chip stocks got a lift this week from hyperscale cloud computing companies reiterating their hefty data center ...
Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...