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389 Amazon Plans Capex Increase to Over $75 Billion Next Year

The Information
Theo Wayt @ The Information 2 place · 10/31/2024 18:20 EDT

Amazon expects to boost capital expenditures in 2025, exceeding this year’s spending of roughly $75 billion, driven primarily by new infrastructure to support the company’s artificial intelligence and cloud business, executives said Thursday. The company reported a record $22.6 billion in ...

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Why is Microsoft trading steel for wood in its latest data centres?

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Elon Musk’s ‘top 20’ Diablo IV claim is as real as his self-driving cars

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Engadget
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The Information
Juro Osawa @ The Information 3 place · 11/04/2024 16:36 EDT

TikTok parent ByteDance increased its international revenue more than 60% to about $17 billion in the first half of 2024, according to two people with knowledge of the financial results. As TikTok accounts for most of ByteDance’s revenue outside China, the growth suggests that TikTok’s advertising and other businesses have remained strong despite the threat of a U.S. ban. ByteDance’s overall revenue in the first half—mainly coming from advertising and... Read more

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The Information
Ann Gehan @ The Information 2 place · 10/30/2024 09:00 EDT

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The Information
Aaron Holmes @ The Information · 11/04/2024 09:00 EDT

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The Information
Theo Wayt @ The Information 2 place · 10/31/2024 18:20 EDT

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Kevin McLaughlin @ The Information 3 place · 10/31/2024 09:00 EDT

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The Information
Aaron Holmes @ The Information · 11/04/2024 16:23 EDT

T-Mobile agreed to pay OpenAI roughly $100 million over the next three years as part of a deal to use the startup’s technology, The Information reported on Monday. T-Mobile is paying to use OpenAI’s models to develop a new customer service chatbot that will aim to remember customer-specific data ... Read more

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The Information
Martin Peers @ The Information 3 place · 10/31/2024 20:00 EDT

Nothing particularly frightening emerged from the two big tech goliaths that reported September quarterly results tonight, Apple and Amazon. But they offered nothing particularly cheery, either.For both companies, the updates had a mix of good and bad news. Apple, for instance, reported 6% top-line growth for the September quarter, its best quarterly growth number in two years. That was thanks to 5.5% growth in iPhones, twice the improvement of the... Read more

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