Of all the big tech companies investing in AI, Google and Microsoft are the best positioned to handle the growing costs of the technology, judging from data disclosed this past week in ...
Big tech firms not only hire talent, they also create business ecosystems, including platforms, incubators, marketplaces, ...
Amazon.com Inc. posted robust cloud growth that reassured investors that the tens of billions of dollars the company and its ...
The company said Tuesday it is cutting 14,000 corporate jobs, citing the need to remove layers and reduce bureaucracy.
Investors cheered the tech giant’s latest results showing that its huge investments in artificial intelligence are beginning ...
The report also claimed AWS “gets a free ride on the downstream broadband networks that carry [it’] growing volumes of data, ...
US big tech plans on investing aggressively on AI infrastructure. Their capex guidances suggest AI is not a bubble after all.
“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of ...
Silicon Valley’s mega AI spending spree isn’t slowing down anytime soon. But Wall Street’s patience to see a return might be wearing a little thin.
Big tech reports record profits while cutting jobs, revealing how the AI boom is reshaping growth into a capital-heavy, labor ...
Amazon's cloud revenue rose at the fastest clip in nearly three years, helping the company forecast quarterly sales above ...
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