Google is reevaluating its DEI initiatives, ending hiring targets, and reviewing diversity programs amid policy shifts affecting federal contractors.
The shift comes as Big Tech cozies up to the Trump Administration, which has introduced several executive orders aimed at ...
The massive capex comes as Amazon's cloud and AI rivals up their spending. Google-parent company Alphabet, said on its most recent earnings call that it expects to spend $75 billion on capital ...
The UK government has ordered Apple Inc. to build a backdoor to give it access to global user data, in a move that could ...
After the arrival of a less costly A.I. model from China, U.S. markets and academics are wrestling with the ultimate economic ...
A mid-January note from Mitra Azizirad, Microsoft's chief operating officer of strategic mission and technologies, also ...
Major U.S. stock indexes slid on Friday as investors digested closely watched monthly employment numbers and a sharp drop in consumer sentiment.
On Dec. 31, Alphabet reported YouTube ad revenue jumped to 14% at $10.473 billion, going beyond what analysts predicted. The ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Uber stock hit its highest level since October after Ackman disclosed his Pershing Square hedge fund accumulated a 1.4% stake ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Amazon CEO Andy Jassy revealed to investors Thursday that the company plans to spend more than $100 billion in capital expenditures on AWS and AI development in 2025.
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