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The e-commerce and cloud giant's record spending is funding a fast-growing chip business that investors arguably aren't giving enough credit.
Amazon.com Inc (NASDAQ:AMZN) expects to report strong third-quarter results driven by online retail sales and its artificial intelligence capabilities. The Seattle-based company’s retail business is ...
Amazon issued $15B in debt and saw demand approach $80B with yields only 80 basis points above Treasuries. AWS holds 29% global cloud market share and grew 20% year-over-year in the most recent ...
Last week Amazon CEO Andy Jassy hinted at more big deals. The $38 billion OpenAI partnership proves he wasn't kidding. Amazon will provide OpenAI with "hundreds of thousands" of Nvidia GPUs as part of ...
The most obvious winner here is Amazon itself. The company has a combination of advantages in the digital ad space that most of its rivals can only dream of: authenticated user data, purchase intent ...
AWS is reaccelerating, backed by a backlog of over $200 billion. Amazon's custom silicon strategy is also gaining traction. Combined with top-notch hardware, the company has built a full-stack AI ...
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