Amazon (AMZN) and Google (GOOG)(GOOGL) are currently both trading at a similar market cap of ~$2.2 trillion. Check out which ...

For Amazon, its cloud business AWS accounted for 18% of its revenue in the April-June quarter and Microsoft’s Intelligent Cloud unit that houses Azure contributed 44% to overall revenue.

Amazon said it expects to spend $75 billion in capital expenditures in 2024 and Jassy said the company plans to spend "more ...

Google parent Alphabet’s breakout cloud sales in the July-September quarter bode well for top cloud providers Microsoft and ...

AWS, Microsoft Azure, and GCP remain dominant cloud providers, an increasingly nice position to be in as market revenues continue to surge.

Google's upbeat performance in the cloud is helping to lift shares of its rivals. Microsoft's stock is up 0.8% in the extended session, while Amazon's is up 1.2%. Those two companies report Wednesday ...

Tech giants are set to bid on a NIS 240 million tender to build supercomputing infrastructure for Israeli tech startups and ...

Both companies seek new sources of carbon-free electricity to meet surging demand from data centers and artificial intelligence.

Google and Microsoft made similar ... Amazon’s new agreements will see Amazon Web Services (AWS), the company’s cloud computing subsidiary, invest in the development of four SMRs from Energy ...

Amazon Web Services, which provides cloud services to clients ... follows similar interest in nuclear from Microsoft and Google as the tech giants seek out clean energy to fuel foundation AI ...

Amazon is the latest tech giant to turn to nuclear power as a source of clean energy as the demand for more power in data centers grows. Earlier this week, Google announced its partnership with ...

Amazon is investing in US firm X-energy to utilise nuclear reactors to power its data centres. The announcement comes two days after a similar announcement by Google, as both tech giants seek new ...