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Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial intelligence ...
Amazon CEO Andy Jassy insists "AI will change every customer experience," but it's making investors nervous. The company reported Q2 2025 financial results that exceeded analysts' expectations but ...
With headcount inching up to 1.55 million, CEO Andy Jassy said "AI progress across the board continues to improve our customer experiences, speed of innovation, operational efficiency, and business ...
Amazon is spending a fortune on AI infrastructure and CEO Andy Jassy sees a new way to pay for it with Alexa+.
Amazon has backed a new AI service that is being called the "Netflix of AI", and it's another depressing development in the use of generative AI in the entertainment industry.
CNBC’s MacKenzie Sigalos reports on Amazon’s move to raise its quarterly capital spending to $31.4 billion, setting an annualized pace above $118 billion and escalating the hyperscaler race against ...
UnitedHealth Group named Bain Capital executive Wayne DeVeydt as its next CFO, replacing John Rex, who will become strategic advisor to the CEO. The medical products maker raised its earnings outlook ...
Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...
A notable nugget for data platform watchers is with Azure Databricks and Snowflake on Azure both accelerating, Microsoft is ...
Amazon Web Services is aiming to leverage its clout in the cloud for an AI advantage. (GeekWire File Photo) An increase in Amazon Web Services spending ...
Amazon.com, Inc.'s Q2 impresses but shares dip on cautious Q3 outlook. Click for my updated look at AMZN stock and why I ...
AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...
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