A new AI-powered platform is already helping NFL and other sports teams better engage with fans and optimize revenue potential.

As Amazon continues heavy investment in AI infrastructure, the company's CEO said the AI business is growing at a ...

In the fourth quarter of 2024, Amazon allocated $26.3 billion for capital expenditures, which CEO Andy Jassy mentioned is “ ...

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 ...

AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...

Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their AI commitments for the fiscal year 2025.

MUMBAI: Amazon has wrapped up 2024 on a high note, delivering a blockbuster fourth quarter with record-breaking revenue, soaring profits, and a robust holiday shopping season. The tech and retail ...

Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 ...

Supply problems matter because Amazon spent $26.4 billion on capital expenditure in the final quarter of 2204, and Olavsky ...

Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...