Google has earmarked $75bn, Amazon is set to allocate $100bn, Meta has committed $65bn, and Microsoft plans to invest $80bn ...

The expected $100 billion annual capex, up from $83 billion last year, also includes e-commerce warehouses and offices.

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 ...

Developing AI technology is not cheap at all. It costs billions of dollars to train AI models, and this is why most of the ...

Amazon says it expects to spend in excess of $100 billion this year, with the “vast majority” going straight into AI projects ...

Bill Holdings tried to break out ahead of earnings. The IBD 50 stock plunged 30% on earnings on Friday, triggering a sell ...

As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

Amazon, Google, Microsoft and Meta are pouring billions into artificial intelligence, undeterred by DeepSeek’s rise.

Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.

Alphabet CFO Anat Ashkenazi says AI demand outpaces supply, driving massive investments in data centres and advanced GPUs to ...

There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...