Lumen Technologies, formerly CenturyLink, is making its digital network offerings, such as NaaS, available in cloud ...

Meta Platforms and Microsoft are both showing that obscene spending on new businesses can work—as long as the older ones are ...

AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...

The CMA determined that "competition is not working well" and has shared recommendations to solve the situation. An independent CMA panel found the cloud services market to be “highly concentrated,” ...

Microsoft has posted strong financial results for the fourth quarter and fiscal year ending June 30, attributed primarily to continued demand for cloud services and AI programs. The company generated ...

Applied Digital's stock soared as CoreWeave significantly expanded its computing lease amid booming demand from AI giants.

CNBC’s MacKenzie Sigalos reports on Amazon’s move to raise its quarterly capital spending to $31.4 billion, setting an annualized pace above $118 billion and escalating the hyperscaler race against ...

Amazon posted higher fiscal second-quarter profit and sales, underscoring its resilience despite tariff uncertainty.

As Amazon tries to build out its capacity for servers, chips and computing power to meet demand for AI, Jassy said the biggest constraint was power. He said it would take "several quarters" to develop ...

Shares of Confluent lost one-third of their value in the wake of yesterday’s earnings report to close at under $18 per share—their lowest levels since late 2023. Investors are reacting to ...

Amazon CEO Andy Jassy said that there was still "more demand than we have supply for" at the moment for its massive cloud-computing segment. He said that in the next 10 to 15 years, more IT spending ...

These two well-known AI stocks are trading at bargain prices. Here's why they deserve a spot in your portfolio in August, ...