For the past couple of years, the Magnificent Seven stocks have had an amazing run. However, there have been a handful of ...
Meta, Microsoft, Amazon, and Google parent Alphabet are expecting a cumulative $325 billion in capital expenditures in 2025, driven by their investments in artificial intelligence infrastructure.
A mid-January note from Mitra Azizirad, Microsoft's chief operating officer of strategic mission and technologies, also ...
Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.
Leading AI chip stocks got a lift this week from hyperscale cloud computing companies reiterating their hefty data center ...
The shift comes as Big Tech cozies up to the Trump Administration, which has introduced several executive orders aimed at ...
DeepSeek’s artificial intelligence models have been found vulnerable to ‘goal hijacking,’ prompt leakage and some forms of ...
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.
Alphabet CFO Anat Ashkenazi says AI demand outpaces supply, driving massive investments in data centres and advanced GPUs to ...
(Reuters) -Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.
Meta, Microsoft, Amazon and Alphabet are planning on spending $320 billion this year, with a primary focus on boosting their AI products ...