Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 ...
In 1957, the Soviet Union launched the world’s first artificial satellite into orbit, sparking fears in the United States that, unless it took radical action to accelerate innovation, its Cold War ...
Amazon, Google, Microsoft and Meta are pouring billions into artificial intelligence, undeterred by DeepSeek’s rise.
A longstanding Sinophobia in the U.S. goes back to the 19th century, with the Chinese Exclusion Act, the tax on Chinese miners during the Gold Rush, and ...
US stock futures inched lower after Amazon (AMZN) joined Google (GOOG) and other AI-focused Big Tech companies with ...
Wall Street is buying what CEO Mark Zuckerberg is selling. There are reasons for this optimism - and reasons to question it.
DeepSeek, a relatively unknown Chinese AI startup, made public an open-source platform has emerged as a challenger to ...
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 ...
E-commerce giant Amazon reported strong earnings on Thursday but, like its big tech peers Microsoft and Google, saw its stock ...
Amazon said it expects to spend over $100 billion in capital expenditures this year, making it the latest tech giant to say it's ramping up investments in artificial intelligence infrastructure.
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
The efficiency gains of DeepSeek’s AI models startled the power industry, which is set to invest billions in electricity ...
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