There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
Amazon beat on the top and bottom lines for the fourth quarter, but it gave weak guidance for the current period.
Amazon reported its fourth quarter earnings after the bell on Thursday, beating on the top and bottom line, but missing on Q1 ...
Amazon reports earnings after Thursday’s closing bell. AWS will be a focal point after rivals came up shy in their own cloud ...
Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...
The brick-and-mortar mainstay has held the top spot in quarterly sales for more than a decade, according to analysts.
E-commerce giant Amazon (AMZN) has finally seen its revenue surpass that of retail king Walmart – 10 years after Amazon’s market cap surpassed ...
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...
(Reuters) -Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.
Warner Music struck a new deal with Spotify ending the companies’ disputes over a 'bundling' subscription option, as part of ...
(Reuters) -Amazon.com shares fell 2% on Friday after the tech giant reported lackluster cloud revenue growth, amplifying investor concerns that Big Tech's massive artificial intelligence investments ...