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

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 ...

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.

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

CEO Andy Jassy said growth at the e-commerce and cloud service giant has been hampered by bottlenecks in computing and power ...

The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...

Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed ...

Amazon (AMZN) delivered its fourth-quarter results after Thursday’s market close, exceeding expectations on both revenue and ...

Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...