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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.
The tech companies have invested mostly in renewable power, but they are now navigating a changed political environment.
This comes as US President Donald Trump’s tariffs spark concerns that rising tech prices will reduce demand for AI.
Amazon has been hacking away at GPU shortages for over a year. It developed internal rules to streamline distribution, lift ...
PolyBench, a groundbreaking multi-language benchmark that exposes critical limitations in AI coding assistants across Python, JavaScript, TypeScript, and Java while introducing new metrics beyond ...
Amazon just launched a few new features designed to make shopping with the e-commerce giant even easier. As if ...
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Corporate America's artificial intelligence investment frenzy has shrugged off fears of slow returns and doubts fueled by AI ...
The chip maker's shares were rising after an AWS executive said the company isn’t changing its expansion plans.
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