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CHART: Big Tech is going wild on AI spending next year and beyond
Capex by Amazon, Google, Meta, and Microsoft is rising to eye-watering levels next year and beyond,…
Eugene Kim
OpenAI ranks fourth among top tech vendors that IT leaders plan to spend the most with, survey finds
More IT leaders plan to spend on OpenAI as AI integration becomes a priority according to Flexera's…
Helen Li
Meta, Amazon, and Alphabet are spending big in a battle to dominate AI. It might not end well.
Big Tech giants concede that AI is costing huge sums of money with little return on investment righ…
Lakshmi Varanasi
In leaked internal meeting, Amazon retail chief says sales of cheaper items are surging
Amazon's retail CEO told employees this week why the company is doing a better job selling cheaper …
Eugene Kim
Amazon's AI data center dream runs into the reality of 'zombie' facilities, higher costs, and labor shortages
The cloud giant's predicament highlights broader tech industry challenges as generative AI upends t…
Eugene Kim
Leaders from the CIA, Dell Technologies, HP, SageCXO, and ezCater share how they keep up with AI development
Technology executives, including CTOs and a CIO, discussed AI applications and trends at Business I…
Helen Li,Emma Cosgrove
Amazon's RTO mandate won't pay off in the way the company hopes
Amazon will require workers to be in the office five days a week next year. Experts warn it could h…
Madeline Berg,Tim Paradis
Sam Altman believes wars will be fought over AI unless there's massive spending on infrastructure. But that comes with a cost.
Sam Altman says the development of AI infrastructure is key to avoiding war over the tech. Experts …
Katherine Tangalakis-Lippert
Your company's AI spending spree could cost you your job
Huge AI investments are costing some workers their jobs as companies change their spending prioriti…
Jacob Zinkula
4 reasons why Wall Street's anxiety over excessive AI spending boom is 'premature,' Bank of America says
Investors are "premature" to worry over the spending AI wave, as a few catalysts still lie ahead, B…
Filip De Mott
AI turned Big Tech stocks around. But a huge sell-off shows investors are wary of the insane spending.
In April, Google's AI boss said the company plans to invest more than $100 billion over time in AI …
Huileng Tan
I worked at Morgan Stanley, Amazon, and Slack before realizing I wasn't fulfilled. Motherhood changed my priorities.
Hera Wentong Li worked as a software engineer at Morgan Stanley, Amazon, and Slack before realizing…
Perri Ormont Blumberg
Amazon is spending less on warehouses — and more on AI and its cloud business
Amazon is competing hard in the AI arms race. It says it's got the resources to help customers depl…
Sindhu Sundar
Tablet shipments hit a 12-year low declining by over 20% in 2023
The worldwide tablet shipments have recorded a huge decline in the fourth quarter of 2023, marking …
AI-focused tech giants are entering a 'virtuous cycle' of spending that will see their profits explode, BofA says
"Increased power usage and the physical build-out of data centers will lead to more demand for elec…
Matthew Fox
The rental market is getting out of hand, with millions of Americans spending the majority of their paychecks on housing
In today's big story, we're looking at how much Americans spend on rent and why cheap properties ar…
Dan DeFrancesco
Amazon and Walmart warehouse employees are so surveilled that they're worried about breaking to use bathroom: Oxfam report
One Amazon worker quoted in Oxfam's new report likened their experiences on the warehouse floor to …
Natalie Musumeci
TCS, Infosys, HCL Tech and others will gain from Microsoft, Amazon and Google spending more on technology
Indian IT stocks — like Tata Consultancy Services (TCS), Infosys, HCL Technologies and Tech Mahindr…
The race to create the 'Amazon of real estate' could change home buying forever
Homebuying is a stressful, frustrating process that many buyers don't even fully understand. But ne…
James Rodriguez
'Expect retail to be a bright spot': Here's what Wall Street expects from Amazon's 4th-quarter earnings report
"Amazon is most liked and most owned across our group, but that does not deter our view that the st…