Outpacing the likes of Microsoft and Google, Amazon has announced to invest a whopping $100 billion in Artificial ...

Japan's SoftBank is reportedly close to becoming the biggest investor in generative artificial intelligence leader OpenAI, ...

The Department of Government Enablement – Abu Dhabi (DGE) showcased Abu Dhabi’s leadership in artificial intelligence at the ...

In a recent World Economic Forum survey, some 41% of companies worldwide said they were expecting to reduce their workforces ...

Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to invest some $100 billion this year, with most of the money going toward data ...

Looking ahead, IDC estimates AI platform sales will increase at 40% annually to reach $153 billion by 2028. Palantir ...

Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.

MICROSOFT said on Wednesday that its profit for the October-December quarter grew 10 percent as it works to capitalize on the huge amounts of money it has spent to advance its artificial intelligence ...

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

Amazon, Meta, Microsoft and Alphabet forecast massive capital expenditure despite investor concerns about returns and DeepSeek ...

Shanghai plans to establish the world's largest artificial intelligence development incubator, spanning 100,000 square meters ...