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Big Tech’s AI spending spree is going strong. Here’s how big it could be this year

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Last year’s multi-billion dollar spending spree on artificial intelligence isn’t slowing down for Big Tech.According to the leaders of Meta (META), Microsoft (MSFT), Alphabet...
Jobs

Amazon Debuts Chip It Aims to Scale Into Quantum Computer | PYMNTS.com

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Amazon introduced its first quantum computing chip, following similar releases from Microsoft and Google. Nicknamed “Ocelot,” this...
Jobs

Amazon plans an AI spending spree — joining Google, Meta, and Microsoft

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In This StoryAmazon (AMZN0.00%) is the latest technology giant to announce it will continue spending massive amounts of cash on artificial intelligence, even after...
Jobs

Amazon wants to spend $104 billion, and the stock gets clipped: What Wall Street is saying

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Amazing what some foreign-exchange fluctuations and eye-popping capex guidance will do to a large-cap tech stock. Shares of Amazon (AMZN)...
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Amazon Cloud Needs to Deliver After Microsoft, Alphabet Misses

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(Bloomberg) -- Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and...
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Amazon to report Q4 earnings with cloud revenue, AI spending in focus

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Amazon (AMZN) is set to release quarterly results after the bell on Thursday, following a mixed showing from its Big...
Jobs

Amazon’s earnings are coming. Here’s what to expect

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In This StoryAmazon (AMZN-2.51%) is set to report fourth-quarter earnings after the bell on Thursday, and expectations are high. Google's AI principles are changing....
Infra

CE 100 Index Gains 2.1% as AI Excitement Leads Infrastructure Companies Higher | PYMNTS.com

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The debut of the new presidential administration, the prospect of AI-friendly regulations and related infrastructure investments...
Infra

Amazon subsidiary pledges $11 billion to build more data and AI infrastructure in metro Atlanta

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ATLANTA, Ga. (Atlanta News First) - Georgia already hosts more than 50 major data centers for global companies — and soon, more will be...
Infra

AWS to Invest $11 Billion in Georgia to Expand AI Infrastructure | PYMNTS.com

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Amazon Web Services (AWS) plans to invest at least $11 billion in Georgia to expand infrastructure...
Tech

AWS Predictions: Workforce and tech trends redefine success in digital age | Back End News

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As the world faces complex challenges and rapid...
Jobs

Amazon Advances AI Push With New Models and Partnerships; Stock Up 25.5% YTD

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Driven by its artificial intelligence (AI) developments, Amazon (NASDAQ:AMZN) keeps stamping its position among the "Mag 7" stocks with shares...
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