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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 ...
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 ...
Amazon.com forecast current-quarter revenue above market estimates on Thursday, encouraged by solid retail business despite ...
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 ...
DEK CNBC’s MacKenzie Sigalos covers Amazon’s lighter operating income forecast, investor concerns about delayed returns from massive AI and cloud investments, and the competitive pressure AWS faces ...
A notable nugget for data platform watchers is with Azure Databricks and Snowflake on Azure both accelerating, Microsoft is ...
Cloud computing results lag big gains from Alphabet, Microsoft. Read more at straitstimes.com. Read more at straitstimes.com.
Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.
Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial intelligence began paying off. - 'Curveballs' - Amazon Web Services (AWS), ...
Shares of tech giants Meta and Microsoft were soaring Thursday, with the two companies adding a combined $400 billion to their market values ...