April 9, 2026

Meta, CoreWeave deepen AI cloud partnership with fresh $21 billion deal

April 9 (Reuters) – Meta Platforms (META.O) is deepening its CoreWeave (CRWV.O) partnership ‌with a fresh $21 billion deal for additional cloud computing capacity, as it rushes to catch up with rivals in the high-stakes artificial intelligence race after an underwhelming AI model release last year. The latest deal, which extends through December 2032, is in addition to a […]

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Amazon CEO reveals AI revenue, dismisses spending doubts in annual letter

April 9 (Reuters) – Amazon’s AI services at its cloud-computing unit are generating annualized revenue of more than $15 billion, CEO Andy Jassy said, the first time the company has reported numbers on a business it has backed with billions of ‌dollars in investment. The figure, based on first-quarter performance, represents roughly 10% of Amazon

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