Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.

As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...

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 ...

Nvidia stock rise has helped the chip maker to recoup a large chunk of its losses from the last week, when it witnessed a ...

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

Speaking with investors on an earnings call, CEO Andy Jassy suggested Amazon may spend more than $100 billion in the year ...

Palantir Technologies' current valuation seems disconnected from fundamentals, posing a high-risk setup. Click here to find ...

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

The holy grail is an AI system so seamless, intuitive, and personalised that users will willingly embed Meta, Alphabet, or ...

CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...

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