Design tool Figma has revealed in its initial public offering filing that it is spending a massive $300,000 on cloud ...

The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs.

The company is well on its way to generating $1 billion of revenue in 2025 with steady profits a possibility too.

Figma's IPO filing reveals a staggering $300,000 daily spend on AWS, totaling $100 million annually, or 12% of its $821 million revenue. The company's deep reliance on AWS exposes it to ...

Artificial intelligence companies are largely cheering President Trump’s “AI Action Plan” issued this week — no surprise, ...

About a year and a half after Adobe’s attempted $20 billion acquisition of design software unicorn Figma collapsed, Figma has taken a step towards a new future in the public markets.

What Democrats and the Biden administration did was to make the COVID crisis their baseline for spending and keep it there.

SAN FRANCISCO (Reuters) -Amazon's AWS recently lost a key vice president helping oversee generative artificial intelligence development as well as the company's Bedrock service, as the competition ...

One proponent argues that fiscal fasting pushes people to confront their spending habits. But other financial experts prefer a more consistent approach to budgeting.

The US economic engine sputtered in May: Consumer spending declined for the first time since January, according to new data released Friday that also showed inflation heated up on an annual basis.

The U.S. economy contracted a bit faster than previously thought in the first quarter amid tepid consumer spending, underscoring the distortions caused by the Trump administration's aggressive ...