There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...
AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...
Recent financial reports reveal decelerating revenue growth for leading cloud service providers, despite maintaining ...
Amazon reported its fourth quarter earnings after the bell on Thursday, beating on the top and bottom line, but missing on Q1 ...
A new AI-powered platform is already helping NFL and other sports teams better engage with fans and optimize revenue potential.
Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 ...
Amazon’s (AMZN) stock is down 3% after weak forward guidance overshadowed strong quarterly results from the e-commerce company. For the fourth quarter of 2024, Seattle-based Amazon announced earnings ...
For the past couple of years, the Magnificent Seven stocks have had an amazing run. However, there have been a handful of ...
Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...
The results echoed the slowdown at Microsoft and Alphabet-owned Google, and highlighted how U.S. cloud-computing giants were ...