Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for ...

Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it ...

Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its ...

Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.

Microsoft on Wednesday forecast disappointing growth in its cloud computing business, sending its shares down 4.5% in ...

Lawyers for Musk asked a federal judge to block OpenAI’s plan to become a for-profit entity in a highly anticipated court ...

Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...

Yes, that was two years after the GenAI big bang, but Microsoft’s on-premises server business, which is largely transactional in nature, is taking a backset to GenAI in general and to Azure in ...

E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong ...

Building and operating AI systems is costly, and Microsoft has said it plans to spend 80 billion dollars (£64.38 billion) ...