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 ...

Cerebras Systems, an artificial intelligence chip firm backed by UAE tech conglomerate G42, said on Thursday it has partnered ...

Jennifer Newstead, Chief Legal Officer of Meta Platforms, Inc. (NASDAQ:META), recently sold a portion of her holdings in the company. The stock has shown remarkable strength, gaining over 57% in the ...

CNBC recently spoke to companies worldwide on how DeepSeek’s new AI models will likely impact their operations and financials ...

Scientists will discuss the impact of artificial intelligence on health and sustainability, among other areas, during a ...

Global experts will debate threats from artificial intelligence (AI) at a gathering in Paris on Thursday and Friday, ahead of ...

At an interaction during his maiden visit to India in June 2023, Altman said India should not even try to build foundational ...

One of the “godfathers” of modern artificial intelligence has predicted a further revolution in the technology by the end of ...

The author of the first International AI Safety Report warns that unchecked investment in computational power for AI without oversight is dangerous.

Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 ...

Alphabet CEO Sundar Pichai praised DeepSeek but emphasised that Gemini offers some of the most efficient models, including ...