Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
Amazon Goes All-in on Artificial Intelligence in 2025
Amazon (AMZN) is going all-in on artificial intelligence, planning to pour over $100 billion into AI infrastructure in 2025.
Amazon profits last year soared, but growth is slowing
Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...
Amazon, Like Microsoft, Says It Can’t Keep Up With AI Demand
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to invest some $100 billion this year, with most of the money going toward data ...
DeepSeek is now available via Amazon Web Services. ‘Have at it,’ says CEO Jassy.
The Chinese AI that has taken the internet by storm is now available for application use through Amazon’s cloud, the U.S.
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Amazon (AMZN) AWS Q4 2024 revenues grew 19% to $28.8 billion from Q4 2023
The revenue figure for AWS can be found in Amazon’s Q4 2024 earnings report. Amazon Web Services, which provides server ...
Amazon issues disappointing revenue forecast, points to weakest growth on record
Amazon beat on the top and bottom lines for the fourth quarter, but it gave weak guidance for the current period.