Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...
Here's the $280 billion reason that AI-chip stocks will be just fine
Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...
Google scraps its diversity hiring goals as it complies with Trump's new government contractor rules
Google is scrapping some of its diversity hiring targets, joining a lengthening list of U.S. companies that have abandoned or ...
Apple Kills AR Glasses, Hello Alexa AI, Reality Labs’ Reality, More Cinematic AI
Apple halts AR glasses, prioritizing Vision Pro. Amazon upgrades Alexa with AI. Meta’s MR struggles despite smart glasses ...
Amazon expects $100 billion of capex in 2025 on ‘once-in-a-lifetime' AI opportunity
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree ...
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.
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Google Becomes The Latest Company To End Its DEI Commitments
In a decision reflecting a broader trend in the corporate world, Google has eliminated its diversity-based hiring targets and ...
DeepSeek’s R1 and OpenAI’s Deep Research just redefined AI — RAG, distillation, and custom models will never be the same
DeepSeek's R1 model release and OpenAI's new Deep Research product will push companies to use techniques like distillation, supervised fine-tuning (SFT), reinforcement learning (RL), and ...
Google to change map names for Gulf of Mexico and Denali when US updates them based on Trump order
The company said that Maps will reflect any updates to the Geographic Names Information System, a database of more than 1 ...
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Why DOGE’s meddling at Treasury could have catastrophic consequences for the US economy
It’s only a matter of time until DOGE meddling inadvertently triggers a catastrophic failure of Bureau of the Fiscal Service ...
That was fast: US lawmakers are already working on their first DeepSeek ban
US lawmakers are moving quickly to block DeepSeek on government devices after the Chinese-owned AI triggered security and ...
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Amazon reports ad revenue growth during Q4
Amazon continued to grow out its digital advertising platform during the fourth quarter (Q4) of 2024, with its ad sales ...