The Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...

Amazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterp...

Wall Street surged on Thursday, led by chip stocks and Microsoft's strong forecast. Microsoft's forecast eased investor concerns about mass...

The Instagram owner is splurging billions to build compute - chips, servers, energy and data centers that power AI - leaving it with free c...

US stocks opened higher on Thursday morning. Microsoft's strong forecast eased investor concerns about AI spending. Major indices like the ...

The Facebook and Instagram parent company reported free cash flow of $784 million in the second quarter ended June 30, down from $8.55 bill...

Retailer AI assistants can identify false "Made in USA" claims on products. However, these technologies are not actively used to police suc...

Ratings agency Fitch highlights AI boom and market correction as major global credit risks. Unprecedented AI spending and soaring valuation...

Ratings agency Fitch warns of significant AI-related market correction risks. Unprecedented AI spending and soaring tech valuations raise c...

The United States could face "massive capital destruction" from its artificial intelligence (AI) investment boom as Chinese open-source AI ...

Investors await the Federal Reserve's policy decision and major tech earnings this week. Alphabet and Tesla results have already caused mar...

Jefferies strategist Chris Wood warns that the AI infrastructure boom could trigger massive capital destruction as cheaper Chinese open-sou...

Investors are now scrutinising massive artificial intelligence infrastructure spending by major tech companies. Hyperscalers are increasing...

Alphabet's significant cash burn highlights increasing artificial intelligence spending pressures. Big Tech firms now face higher outlays, ...

Google Cloud revenue surged eighty-two percent, fueled by strong enterprise demand for AI services. This significant growth helped offset c...

America's biggest technology companies are beginning to generate meaningful AI-driven revenue, but surging infrastructure spending is putti...

Big tech firms are investing heavily in artificial intelligence infrastructure. Their capital expenditures may soon exceed free cash flow g...