39 articles tagged
OpenAI and Amazon Web Services have announced a multi-year, $38 billion partnership, providing the AI company with massive cloud computing resources to power its models.
Microsoft has finalized a $9.7 billion, five-year agreement to purchase AI cloud capacity from IREN Ltd., aiming to bolster its Azure services amid high demand.
Amazon stock surged over 13% after its latest earnings report, driven by a significant reacceleration in AWS revenue growth and a positive shift in its AI narrative. The company increased its capital
Amazon's cloud division, AWS, reported its strongest growth in nearly three years, with sales surging 20% to $33 billion, fueled by massive demand for AI.
Microsoft is experiencing demand for its cloud computing and AI services that is so high it outstrips current capacity, driving significant income growth.
Amazon Web Services (AWS) recently suffered a 15-hour outage affecting a key data center cluster in Virginia, disrupting numerous companies and consumer apps.
A massive AWS outage that disrupted the internet for over 15 hours is raising questions about the impact of recent layoffs and the company's growing reliance on AI.
Amazon Web Services experienced a major outage originating from its Northern Virginia data centers, causing widespread disruptions for global online services.
Internal Amazon documents show AI startups are shifting spending to AI models and tools, delaying investment in traditional AWS cloud services.
Oracle's stock shows resilience ahead of its rebranded 'AI World' conference, where new financial targets are expected amid a nearly $500 billion revenue backlog.
Alibaba's stock was a top performer in Q3 2025, driven by significant growth in its AI and cloud computing divisions, according to the Oakmark Global Select Fund.
Artificial intelligence is reshaping markets, with Nvidia dominating AI GPUs, Alphabet integrating AI into search and cloud, and Amazon leveraging AI in AWS and e-commerce for efficiency and growth.
