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Amazon Follows Microsoft in Retreat From Ambitious AI Data Center Plans
The number of tech giants paring back on their AI data center plans rises to two. According to banks Wells Fargo and TD Cowen, Amazon has paused negotiations on some co-location data center deals, primarily in Europe. The news comes shortly after several reports have indicated Microsoft has paused or cancelled some of its plans.
This comes as US President Donald Trump’s tariffs spark concerns that rising tech prices will reduce demand for AI.
However, Amazon stock has declined 23% from its record high, pulling the price-to-earnings ratio down to its cheapest ...
The tech companies have invested mostly in renewable power, but they are now navigating a changed political environment.
PolyBench, a groundbreaking multi-language benchmark that exposes critical limitations in AI coding assistants across Python, ...
Amazon has been hacking away at GPU shortages for over a year. It developed internal rules to streamline distribution, lift ...
Amazon just launched a few new features designed to make shopping with the e-commerce giant even easier. As if ...
Amazon lives and dies by its value proposition. That makes it terrible at passing on cost increases. But it has to, to some ...
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