Despite Amazon’s plans to invest nearly $100 billion in cloud infrastructure this year, CEO Andy Jassy has cautioned that ...

Most AI compute has been driven by Nvidia chips, and we obviously have a deep partnership with Nvidia and will for as long as ...

Amazon's cloud computing arm, Amazon Web Services, reported fourth-quarter revenue of $28.7bn (£23.1bn), just below Wall ...

E-commerce behemoth Amazon.com (AMZN) is betting big on AI (artificial intelligence), with a planned $100 billion in capital expenditures in ...

Amazon cautions investors over cloud capacity troubles in 2025. The company believes it may fail to meet customer demand for its cloud computing devices despite planning to spend roughly $100 billion ...

Amazon (NASDAQ:AMZN) shares fell over 4% in extended trading on Thursday, wiping out nearly $90 billion in market value. The ...

Amazon is expected to face legal action from a Canadian union after the company’s plan to wind down warehouse operations in ...

Verily, Alphabet Inc.'s health technology subsidiary, announced Thursday it will sell its stop-loss insurance business, ...

The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income.

Amazon has once again delivered a record-breaking quarter, with the company's revenue reaching $187.8 billion in Q4 2024, up 10% year-over-year. According to Andy Jassy, CEO of Amazon, the company's ...

Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...

Investors still worrying about chip stocks in light of fears of lower spending on AI can breathe a sigh of relief now that Amazon has joined in with three other Big Tech companies committed to massive ...