Amazon pledges a massive  billion worth of investments in India’s AI space through 2030

Amazon pledges a massive $35 billion worth of investments in India’s AI space through 2030

Employees stand near an The Amazon Inc. logo is displayed above the reception counter at the company’s campus in Hyderabad, India, on Friday, Sept. 6, 2019. Bloomberg | Bloomberg | Getty Images Amazon on Wednesday committed to investing over $35 billion in India’s cloud and artificial intelligence space by 2030, as hyperscalers race to get…

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What Wall Street is really looking for in hyperscaler earnings

What Wall Street is really looking for in hyperscaler earnings

Following billions of dollars in promised capital spending in the tech sector and soaring valuations on promised expansions, Wall Street is now focusing on revenue pathways and actual profits when so-called hyperscalers report first-quarter earnings. Amazon , Alphabet , Meta Platforms and Microsoft all report profits after markets close Wednesday, and analysts want to see…

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