The growth of generative artificial intelligence businesses is surprising even the tech industry’s most seasoned executives.
A series of recent rulings from regulators dashed the Big Tech companies' hopes of finding a quick fix for their electricity ...
Amazon reported record profits on Thursday, as cloud computing sales picked up steam and its retail business showed ...
CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may ...
Amazon.com Inc. reported strong results that showed a company humming on all cylinders, a testament to its efforts to cut and ...
Amazon.com Inc. shares hit an intraday record on Wednesday, in the latest example of how big tech remains a favored part of ...
Global cloud computing market-share leaders for third quarter 2024 were AWS, Microsoft, Google Cloud, Alibaba and Oracle.
Amazon CEO Andy Jassy said AWS, its cloud-computing unit, shows it's got the logistical know-how to succeed in artificial ...
The e-commerce giant's management is "encouraged by the start of the holiday season," its CFO said on the earnings call.
Amazon stock saw its best day in nine months on Friday. It climbed as much as 7.6% to $200.50, its steepest intraday gain ...
Earnings per share (EPS) grew more than 50% to $1.43, beating analysts’ forecasts. Revenue at Amazon Web Services, the ...
The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence ...