Amazon’s revenue soared in the recent quarter, boosted by demand from AWS customers. But some investors worried about the company’s plan for $200 billion in capital expenditures. Over time, AWS has ...
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 ...
Tech giant reports $213bn in revenue after its founder, who owns the Post, lays off a third of newspaper’s employees Amazon announced plans to spend $200bn on artificial intelligence and robotics this ...
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 CEO Andy Jassy told investors he's "confident" the company will see a return on its massive investments in artificial intelligence. The company boosted its 2026 capital expenditures to $200 ...
Tech's megacaps announced major increases in capex for 2026, with the four hyperscalers now expecting combined spending of close to $700 billion. Reaching those numbers is going to mean a big drop in ...
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Meara covers streaming service news for CNET. She graduated from the University of Texas at Austin with a degree in journalism. When she's not writing, she likes to dote over her cat, sip black coffee ...