Amazon joins Google, Microsoft in cloud weakness, shares slide

February 8, 2025

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Artificial Intelligence

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Amazon.com shares fell 2% on Friday after the tech giant reported lackluster cloud revenue growth, amplifying investor concerns that Big Tech’s massive artificial intelligence investments were taking longer to deliver returns. The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were struggling to scale AI as infrastructure bottlenecks cap growth, forcing them to invest billions in data centers with little short-term payoff.

Scrutiny over AI spending has also increased since China’s…

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Amazon joins Google, Microsoft in cloud weakness, shares slide

February 8, 2025

, By admin

Artificial Intelligence

Amazon.com shares fell 2% on Friday after the tech giant reported lackluster cloud revenue growth, amplifying investor concerns that Big Tech’s massive artificial intelligence investments were taking longer to deliver returns. The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were struggling to scale AI as infrastructure bottlenecks cap growth, forcing them to invest billions in data centers with little short-term payoff.

Scrutiny over AI spending has also increased since China’s…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Founders Fund in talks to back AI defence startup Anduril at $28 billion valuation

Next News

Amazon scales back diversity efforts, focuses on AI

Hi! This is Admin.

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