Amazon Web Services (AWS) has activated its Rainier data center in Indiana, US, to accelerate the training of Anthropic's large language model (LLM), Claude, using Amazon's proprietary Trainium chips.
Amazon is projected to have almost 40 delivery fulfillment centers equipped with robots by the end of next year, resulting in an estimated cost savings of $4 billion per year.
Amazon AMZN stock surged Friday after the tech behemoth reported stronger-than-expected third-quarter results. A strong ...
In its financial results for the third quarter ending September 30, 2025, Amazon’s net sales climbed 13% year-over-year to ...
“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of ...
The Managing Director of IBM DACH discusses Germany's role in the IBM Group, the importance of AI in the mainframe, digital ...
“Amazon has a deep moat around their core businesses driven by their unmatched scale and appears to have numerous healthy organic revenue growth opportunities driven primarily by their high-margin AWS ...
Amazon.com plans to continue spending on capacity to meet demand for artificial intelligence and cloud products.
While it continues to invest in AI, Amazon has looked to cut costs in other areas. On Tuesday, Amazon said it will lay off 14,000 corporate employees, as part of a push to make th ...
Amazon is reporting third-quarter earnings on Thursday, days after the company announced it's laying off 14,000 people.