Amazon CEO Jassy defends $200 billion AI spend: "We're not going to be conservative"

Amazon shares have struggled so far this year as investors question the company's aggressive AI spending plans.

This cloud stock is cheap and will be an AI winner, says Piper Sandler

Cloudflare will benefit from rising demand for cloud computing services as artificial intelligence adoption booms, priming it ...

Huawei's cloud computing revenue dropped in 2025 as Chinese AI lagged U.S. rivals

When including internal customers, the telecommunications giant said cloud computing revenue grew from a year ago.

Oracle begins cutting thousands of jobs, CNBC reports

March 31 (Reuters) - Cloud computing company Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. The company declined to comment on the ...

Alibaba launches data center with 10,000 of its own chips as China ramps up AI push

Alibaba and China Telecom launched a data center in China designed for AI training and inferencing.
The Manila Times on MSN

Oracle begins layoffs affecting thousands

CLOUD computing firm Oracle is laying off thousands of employees, CNBC reported on Tuesday, citing two people familiar with the matter. Late on Tuesday, Oracle said it will lay off 491 employees ...

Jon Fortt

CNBC anchor, based at the network's global headquarters in Englewood Cliffs, N.J. Fortt joined CNBC as technology ...