The growth of generative artificial intelligence businesses is surprising even the tech industry’s most seasoned executives.

CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may ...

Showing the fickleness of the market, AWS' growth in Q3 was virtually the same as Q2, when the stock sold off on the news, but investors were much more upbeat after its Q3 report. Let's take a closer ...

Global cloud computing market-share leaders for third quarter 2024 were AWS, Microsoft, Google Cloud, Alibaba and Oracle.

Amazon reported record profits on Thursday, as cloud computing sales picked up steam and its retail business showed ...

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 ...

Amazon's initial collaboration with Anthropic ... The integration of specialized AI chips within cloud services represents a ...

A series of recent rulings from regulators dashed the Big Tech companies' hopes of finding a quick fix for their electricity ...

Earnings per share (EPS) grew more than 50% to $1.43, beating analysts’ forecasts. Revenue at Amazon Web Services, the ...

Amazon AWS's strategic positioning in AI and custom chip adoption has bolstered its market leadership. Read why I maintain my ...

The tech company’s capital expenditures reached a quarterly record amid a big build-out of artificial-intelligence ...