Sometimes, it can seem like the AI industry is racing to see who can spend the most money on data centers. Whoever builds the most data centers will have the most compute, the thinking goes, and thus ...
Amazon.com AMZN1.81%increase; green up pointing triangle shares fell sharply after the technology giant unveiled plans for a massive increase in AI-related spending and fourth-quarter growth in its ...
Amazon posted mixed results for the fourth quarter. The company also said it expects capital expenditures to hit roughly $200 billion in 2026. Tech companies have aggressively ramped up their spending ...
The company reported a strong holiday quarter on Thursday. But its spending, like that at other big technology companies, is starting to make investors nervous. By Karen Weise Karen Weise has covered ...
Amazon outbid Puget Sound Energy last month in an auction for a massive solar farm project in Oregon, leaving the utility concerned about a larger competition for resources with energy-hungry ...
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Amazon.com AMZN-0.36%decrease; red down pointing triangle is in talks to invest up to $50 billion in OpenAI, according to people familiar with the matter, in what would be a giant bet on the hot AI ...
Amazon sent a notice out to staffers in an apparent error acknowledging "organizational changes" in its cloud unit, according to an email viewed by CNBC. The company ...
Amazon mistakenly informed its AWS employees of upcoming layoffs a day early, referencing a cancellation of a planned meeting and Project Dawn. The company plans to lay off thousands of corporate ...
Amazon employees were left unsettled this week after an unexpected calendar invitation hinted at possible layoffs, reigniting fears of another major round of job cuts. Just last week, the company ...
Some Amazon employees got a worrying calendar invitation on Tuesday. The invitation discussed upcoming job cuts and "Project Dawn," an Amazon efficiency initiative. Thousands of Amazon corporate staff ...