An apparent breakthrough in efficiency from the Chinese start-up did not make tech’s biggest companies question their ...
The rise of artificial intelligence in finance has led many investors to question whether AI-powered tools like ChatGPT can ...
The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...
The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital expenditures this year.
Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.
Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking ...
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 shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
The Dow, S&P 500 and Nasdaq are falling on Friday as the stock market digests the January jobs report and fears about higher inflation.
Amazon stock fell Friday after the tech giant’s fourth-quarter results on Thursday afternoon presented a mixed picture of the ...
Nasdaq 100 tumbles as Amazon and Apple lead tech losses. Fed uncertainty and tariff risks fuel market volatility. Traders eye ...
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