Amazon's cloud computing arm, Amazon Web Services, reported fourth-quarter revenue of $28.7bn (£23.1bn), just below Wall ...

Alphabet generated $8.04 in earnings per share (EPS) during 2024, which places its stock at a price-to-earnings (P/E) ratio ...

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 ...

techUK is thrilled to commence the AI Action Summit events in Paris, with our first day proving to be full of productive ...

Outpacing the likes of Microsoft and Google, Amazon has announced to invest a whopping $100 billion in Artificial ...

Shares of the artificial intelligence (AI) chip leader have been crushed this year, but recent developments suggest the best ...

Amazon shares fell 4% in Frankfurt on Friday a day after the retailer's results showed weakness in its cloud computing unit ...

Amazon cautions investors over cloud capacity troubles in 2025. The company believes it may fail to meet customer demand for ...

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 ...

Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...

AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...

For years, Elon Musk has talked about Dojo — the AI supercomputer that will be the cornerstone of Tesla’s AI ambitions. It’s ...