Amazon.com Inc. (AMZN) reported impressive third-quarter results for 2025, with cloud service AWS generating $33.01 billion in revenue, a 20.2% increase year-over-year. The company plans to invest in AI technology, including a $11 billion data center called “Project Rainier” and has raised its capital expenditure for 2025 to $125 billion.
Microsoft Corp. (MSFT) achieved first-quarter fiscal 2026 results with intelligent cloud revenues of $30.9 billion, up 28.3% year-over-year. The Azure platform saw a 40% revenue growth, accompanied by a capital expenditure of $34.9 billion focused on AI infrastructure. Microsoft projects total revenues of $79.5 billion to $80.6 billion for Q2, signaling continued growth.
Alphabet Inc. (GOOGL) also exceeded expectations in its third-quarter 2025 results, reporting $15.16 billion in AI-powered cloud revenues—a 32% year-over-year increase. The company’s capital expenditure for 2025 has been raised to between $91 billion and $93 billion, reflecting robust demand and a significant backlog of $155 billion in cloud-computing business.
