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Mass layoffs hit Amazon, UPS and Target, but the real reason has nothing to do with AIMajor companies including Amazon, UPS, and Target are cutting thousands of jobs. This is primarily due to rapid past hiring and internal re...
Amazon stock dips despite beating revenue estimates as tariff fears rattle investorsDespite exceeding revenue expectations with $167.7 billion in sales and a 17.5% growth in AWS, Amazon's stock dipped due to lower-than-anti...
CoreWeave commits $6 billion to AI data center in PennsylvaniaCoreWeave said on Tuesday it intends to commit up to $6 billion to build a new data center in Lancaster, Pennsylvania.
Amazon to invest £40 billion in UK over 3 years: govtOnline retail giant Amazon will invest £40 billion ($54 billion) in the UK over the next three years, the government said Tuesday, a boost ...
Amazon to invest $13 billion in Australia's data center infrastructure over five yearsAmazon will invest a $20 billion from 2025–2029 to expand its data center infrastructure in Australia, supporting AI capabilities and cloud...
Talen Energy and Amazon sign nuclear power deal to fuel data centersTalen Energy will supply up to 1,920 MW of nuclear power to Amazon Web Services through 2042, ensuring clean energy for AWS's AI and cloud ...
Amazon to invest $20 billion in Pennsylvania to expand cloud infrastructureThe investment in Pennsylvania comes less than a week after Amazon said it will invest $10 billion in North Carolina and announced plans to...
Amazon's fight with unions heads to its grocery aislesAt a sprawling Whole Foods Market in Philadelphia, a battle is brewing. The roughly 300 workers are set to vote Monday on whether to form t...
Amazon's AWS to invest $11 billion in Georgia to boost AI infrastructure developmentLast week, Microsoft announced plans to invest about $80 billion in fiscal 2025 to develop data centers for training AI models and deployin...
Microsoft deal signals booming demand from data centres to power AIUS utilities are securing lucrative power supply deals with data center operators amid surging AI-driven demand. Multiple agreements for gi...
Microsoft deal signals booming demand from data centres to power AIUS utilities are securing lucrative power supply deals with data center operators amid surging AI-driven demand. Several companies, includi...
Amazon bets on nuclear power to fuel AI ambitionss companies including Microsoft, Amazon, and Google rapidly expand their global data center capabilities, they are actively seeking new ele...
US nuclear plant Three Mile Island to reopen to power MicrosoftMicrosoft will use this energy to support power grids in the mid-Atlantic states around Washington DC, a region considered an internet cros...
US utilities signal booming demand from data centers as AI takes rootAmeren signed a supply deal with a data center with a power capacity of 250 megawatt (MW). It has also received expansion commitments and e...
How Amazon became the largest private EV charging operator in the USIn a little more than two years, Amazon has installed more than 17,000 chargers at about 120 warehouses around the US.
SRI capital adds to its SaaS Startups, Invests $1.3 millionHeadquartered in the US and based out of Pune, Yellowdig has created a course collaboration software that universities can use as a complem...
Amazon invests additional Rs 1,350 crore in its India unit to accelerate growthThe latest investment in Amazon Seller Services takes the total capital infused into the main India unit since early 2015 to Rs 8,618 crore.