Microsoft, leading the generative AI revolution through its OpenAI partnership, plans to invest about $80 billion in AI this fiscal year. And while it has rapidly deployed AI features under its Gemini ...

Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...

The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...

STORY: Amazon shares tumbled as much as 5% in after-hours trade on Thursday. The drop came after the e-commerce titan ...

Amazon.com shares fell sharply on Thursday after the company reported weaker-than-expected growth in its cloud computing unit and issued a disappointing revenue forecast for the first quarter.Shares d ...

An immense demand for AI services is forcing some of the world’s biggest tech companies including Amazon and Microsoft that ...

Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...

2024 was also the year when Amazon’s ad revenue crossed the $50 billion mark; Jassi said it is a $69 billion annual revenue ...

Amazon shares lost ground in extended trading on Thursday after the tech giant reported cloud computing revenue below expectations and issued a tepid current quarter outlook. Monitor these key ...

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