Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...

The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for ...

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

Microsoft Corp. said Wednesday that its profit for the October-December quarter grew 10% from the same time last year as it ...

Microsoft on Wednesday reported profits of $24.1 billion in the recently ended quarter, but shares slid on worries over its ...

Investors grow concerned that AI expenses and a looming price war in cloud services could blow up its profits.

Microsoft is a key backer of OpenAI and it has committed to spending $80 billion on AI infrastructure this year in order to ...

Lawyers for Musk asked a federal judge to block OpenAI’s plan to become a for-profit entity in a highly anticipated court ...

Microsoft has tested Wall Street's patience by plunking down huge amounts of cash in pursuit of profits from AI that have yet ...

Yes, that was two years after the GenAI big bang, but Microsoft’s on-premises server business, which is largely transactional in nature, is taking a backset to GenAI in general and to Azure in ...

Building and operating AI systems is costly, and Microsoft has said it plans to spend 80 billion dollars (£64.38 billion) ...

Microsoft has spent months touting a rebound in its Azure cloud business and its quarterly revenue forecast on Wednesday will ...