Amazon doubles down on AI with a massive $100B spending plan for 2025
Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
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Big Tech's AI spending rattles markets
E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google, saw its stock ...
Amazon's outlook underwhelms as tech giant forecasts 'lumpy' cloud growth in years ahead
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 ...
Stock market today: S&P 500, Nasdaq pop with Amazon set to highlight earnings rush
US stocks were mixed on Thursday in anticipation of Amazon's quarterly results, as investors assessed the earnings season so ...
AI will have a ‘seismic impact’ and could take over 70% of tasks in computer-based jobs, say experts
AI will have a ‘seismic impact’ and could take over 70% of tasks in computer-based jobs, say experts - AI is likely to have a ‘seismic impact’ on the economy and society, experts say ...