Amazon CEO Andy Jassy said Tuesday (March 17) that the growth of artificial intelligence could drive the sales of the company’s cloud computing unit Amazon Web Services (AWS) to a level double that he previously expected, Reuters reported Tuesday. Get the Full Story Complete the...
Meta has formed a $27 billion infrastructure agreement with AI cloud company Nebius. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Amazon is undertaking its largest-ever capital spending program, set to reach $200 billion this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
India is reportedly offering foreign cloud companies a 20-year tax amnesty for building data centers there. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
June 12, 2025
The everything consumer requires an everything retailer, and that’s the pole position that retail giants Amazon and Walmart have been battling for over the past two decades. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]
May 01, 2025
Most earnings announcements and ensuing analyst calls are spent discussing all the money — or lack of it — the host company made during the previous quarter. Not so at...
February 14, 2025
Global IT spending is expected to increase by 9% in 2025, driven by AI and cloud expenditures, according to a report from S&P Global Ratings. Get the Full Story Complete...
February 06, 2025
Amazon continues its push into artificial intelligence (AI) and robotics, signaling a shift in its retail and technology business strategies. Get the Full Story Complete the form to unlock this...
March 19, 2026
Alibaba Group saw growth across both its cloud and eCommerce segments during the quarter ended Dec. 31, according to a Thursday (March 19) earnings release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, […]
March 17, 2026
Amazon CEO Andy Jassy said Tuesday (March 17) that the growth of artificial intelligence could drive the sales of the company’s cloud computing unit Amazon Web Services (AWS) to a...
March 16, 2026
Meta has formed a $27 billion infrastructure agreement with AI cloud company Nebius. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
February 15, 2026
Amazon is undertaking its largest-ever capital spending program, set to reach $200 billion this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
