The social media giant's ambitious restructuring plan will affects 5% of Meta's global workforce amid industry-wide changes ...

Amazon's forecasted spending in 2025 is 35% higher than 2024 and well above the $86 billion analysts expected.

Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" ...

Meta’s move is part of a larger trend of job reductions across the tech sector. Major companies like Google, Microsoft, ...

Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed ...

To its credit, Microsoft is in a solid competitive position to benefit from enterprise investment in AI services. Microsoft's ...

GOOGL had already surprised markets with the scale of its investment in AI. CEO Sundar Pichai said spending on data centers and servers would rise to $75 billion this year from $53 billion in 2024, a ...

Amazon has set the bar exceptionally high, announcing an unprecedented investment of over $100 billion in infrastructure, primarily focused on expanding its cloud computing arm, Amazon ...

Meta, Google, Amazon, and Microsoft are ramping up their AI capex spend, despite investor concerns that it's undermined by ...

Meta (META), Microsoft (MSFT), Amazon (AMZN ... which increased 31% from the prior year. Microsoft AI revenue is partially driven by commitments from OpenAI. OpenAI’s own path to monetization ...

Meta, Microsoft, Amazon and Alphabet are planning on spending $320 billion this year, with a primary focus on boosting their AI products ...