An enhanced version of Europe's Ariane 6 rocket will blast off Thursday to launch 32 satellites into orbit, forming part of the Amazon Leo network, which it hopes will rival Elon Musk's Starlink. The ...
Big Tech companies have seen more than $1 trillion wiped from their stocks, with Amazon leading the pack in losses, according to FactSet data. Fears over AI spending sparked the sell-off. Microsoft, ...
Amazon earnings are in, and it's not looking good for the stock. Investors were focused on the company's capex-spending forecast of $200 billion for the year, which came in well above the average ...
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 projects $200 billion capex in 2026, up from $131 billion in 2025 Big Tech's AI spending scrutinized by Wall Street for returns AWS demand strong despite capacity constraints Feb 5 (Reuters) - ...
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 ...
Feb 5 (Reuters) - Amazon on Thursday projected a surge of more than ‌50% in capital expenditures this year, joining its peers in a ‌spending spree to build out artificial-intelligence infrastructure, ...
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 ...
BIG FLATS, N.Y. (WENY) — The town of Big Flats planning board gave the green light for “Project Milo” on Tuesday night, with some conditions. With additional approval needed, an Amazon warehouse and ...
New facilities planned by Amazon Web Services near New Florence are part of an approved development known as Project Green, which is expected to significantly increase tax revenues for Montgomery ...