Amazon on Thursday projected a surge of more than 50% in capital expenditures this year, joining its peers in a spending spree to build out artificial-intelligence infrastructure, and sending its ...
Feb 5 : Amazon.com on Thursday joined its Big Tech peers in projecting massive capital expenditures in 2026, the freshest sign yet that tech companies will not be hitting the brakes on their hefty AI ...
Amazon posted mixed results for the fourth quarter. The company also said it expects capital expenditures to hit roughly $200 billion in 2026. Tech companies have aggressively ramped up their spending ...
Sometimes, it can seem like the AI industry is racing to see who can spend the most money on data centers. Whoever builds the most data centers will have the most compute, the thinking goes, and thus ...
Feb 5 (Reuters) - Amazon on Thursday projected a surge of more than 50% in capital expenditures this year, joining its peers in a spending spree to build out artificial-intelligence infrastructure, ...
The company reported a strong holiday quarter on Thursday. But its spending, like that at other big technology companies, is starting to make investors nervous. By Karen Weise Karen Weise has covered ...
Amazon.com AMZN-2.20%decrease; red down pointing triangle shares fell sharply after the technology giant unveiled plans for a massive increase in AI-related spending and fourth-quarter growth in its ...
Amazon.com shares fell sharply after the technology giant unveiled plans for a massive increase in AI-related spending and fourth-quarter growth in its cloud-computing unit that was slower than rivals ...
Amazon outbid Puget Sound Energy last month in an auction for a massive solar farm project in Oregon, leaving the utility concerned about a larger competition for resources with energy-hungry ...
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