Many companies are shifting from buying their own IT equipment to renting it from Microsoft through its cloud-computing service. They are also renting more standard-issue computing stuff—hard drives ...

Both tech giants raised their capital spending on AI. Read more at straitstimes.com. Read more at straitstimes.com.

Amazon's 2Q25 beat estimates, up 13% to $167.7 billion. Online store and third-party services grew 11% each and memberships, ...

Amazon is still the biggest cloud provider. But amid the AI boom, analysts wonder if Microsoft is catching up.

Big Tech firms announced increased spending on AI data centers and growing revenues from AI in their earnings reports this ...

Don’t count out Amazon. This was not the commerce cloud giant’s week, to be sure. When it comes to the great artificial ...

Amazon ended up beating, but not to the extent the market expected. Amazon reported $167.7 billion in sales, up 13% year-over ...

If there’s any lesson to take from the spending plans issued by the world’s largest technology companies over the past two ...

Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of ...

Despite concerns about consumer spending, Amazon’s online sales rose 11% in the second quarter. But industry analysts made it clear they see the company’s future in the booming AI market.

Big Tech faces legal trouble and investigations from the US and European governments.

While Amazon's Q2 results beat expectations, slowing AWS growth and alarming free cash flow trends raise red flags. See why I ...