Tech giants plan to spend billions of dollars to build their AI infrastructure, contrary to the frugal economics of Chinese ...
We recently compiled a list of the 10 Companies Echo Friday’s Market Pessimism. In this article, we are going to take a look ...
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.
Nvidia has been the big artificial intelligence (AI) winner so far, but these two companies might have better long-term ...
Content Delivery Network (CDN) firm Edgio filed for bankruptcy last September, with its customer contracts acquired by larger ...
In 2024, this spending was still $83 billion. Amazon is trying to invest quickly in AI as competition from companies such as ...
Last Thursday, Amazon shared its earnings results for the fourth quarter of 2024, reporting a record revenue of $187.7 billion. This was impressive and surpassed what many had anticipated, with ...
The mounting expenses of data-intensive artificial intelligence and its infrastructure have cast a shadow over this earnings ...
An immense demand for AI services is forcing some of the world’s biggest tech companies including Amazon and Microsoft that ...
Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...
Amazon beat on the top and bottom lines for the fourth quarter, but it gave weak guidance for the current period.
"I believe the new Amazon Web Services (AWS) cloud 'region' will bring a lot to Mexico and all its industries," says David Victoria, a Senior Cloud Architect for Caylent in Latin America and one of ...