Similar Stories to Move Over Google And Microsoft: Amazon’s Putting $16.4 Billion To Develop Cloud And Gen Ai Infrastructure on Bing News

Amazon.com’s Q2 spend represents an almost $1.5 billion increase from the previous three months. Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge in capital spending on artificial intelligence as Big Tech companies rush to capitalize on the booming technology.

Topics:  microsoft   big tech   amazon   billion   gen   
BING NEWS:
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    11/1/2024 - 1:00 am | View Link
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    Microsoft may be ahead of Google in cloud computing, but the two tech giants are still battling for AI dominance — and ramping up their multibillion-dollar expenditures in the process. Both Big Tech ...
    10/31/2024 - 7:35 am | View Link
  • Google's AI-fuelled gains in cloud bode well for Amazon, Microsoft
    (Reuters) - Google-parent Alphabet's breakout cloud sales in the July-September quarter bode well for top cloud providers Microsoft and Amazon ... AI services, including the Vertex AI platform that ...
    10/29/2024 - 10:07 pm | View Link
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