Amazon Bets $220 Billion on AWS AI Dominance
Amazon has raised its 2026 capital expenditure guidance to $220 billion, primarily to expand AI and data center infrastructure for AWS. CEO Andy Jassy warned th...
AI ENTERPRISE INVESTMENT
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Salesforce's $5B Anthropic Bet Stuns Investors
Salesforce's stake in AI safety startup Anthropic has surged to $5 billion, a significant gain even as the company's own stock has fallen nearly 33% year-to-dat...
Microsoft, EY Invest $1B to Accelerate Enterprise AI
Microsoft and consulting firm EY are jointly investing over $1 billion across five years to accelerate AI adoption in enterprises. The initiative will deploy in...
Jassy Defends Amazon's $200B AI Spending Spree
Amazon CEO Andy Jassy used his annual shareholder letter to justify the company's massive capital investments, revealing AWS AI revenue has hit a $15 billion an...
Mustek Bets R7M on AI After Solar Boom Fades
South African tech distributor Mustek is investing R7 million in a business-to-business AI marketplace after a sharp revenue decline. The company's earnings dro...