"You can get started today," says human behavior professor and career coach Melody Wilding, author of "Managing Up."
Amazon CEO Andy Jassy, left, speaking with Seattle Mayor Bruce Harrell at an event in Seattle last year to announce new funding for affordable housing
Both Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) saw strong growth in their cloud-computing business units in 2024. While Microsoft's Azure saw the higher revenue growth, it was Amazon's stock that outperformed in 2024.
More than half of the $80 billion budget is expected to be deployed in the United States. The facilities will help train AI models and distribute cloud-based applications across the globe, according to Microsoft vice chair Brad Smith.
Microsoft backs its $3B AI push in India
Microsoft is one of the biggest spenders, followed closely by Google and AWS, Bloomberg Intelligence said. Its estimate of Microsoft’s capital spending on AI, at $62.4 billion for calendar 2025, is lower than Smith’s claim that the company will invest $80 billion in the fiscal year to June 30, 2025.
That said, 20% earnings growth is still impressive and is reason enough to own the stock, as long as it can be purchased at a fair price. Amazon currently trades at 36 times 2025 earnings, which is a bit pricey.
Amazon.com said on Tuesday that its cloud computing division, Amazon Web Services (AWS), plans to invest about $11 billion to expand its infrastructure in Georgia to support cloud computing and AI technologies.
In the Brazilian Amazon, workers use metal tubes to sow seedlings in rapid succession, as part of an effort to reforest the jungle with millions of trees."The Amazon is the best place in the world to reforest,
Amazon and Microsoft are the world's two largest cloud-computing companies. Both companies are seeing strong growth in their clouding-computing units. Meanwhile, both companies also have dominant ...
Amazon and Microsoft, of course, are more than just their cloud businesses. Amazon is still the world's largest e-commerce and logistics company. It also owns the Prime Video streaming service.