In the third quarter, Amazon Web Services generated $33 billion in revenue, a 20 per cent increase from a year earlier ...

AMZN's Q3 earnings soar past estimates as AI-fueled growth in AWS, advertising, and retail drives a 13% after-hours stock ...

Strong performance of Amazon’s cloud business soothed investor fears of an AI bubble. Read more at straitstimes.com. Read ...

“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.

For the current quarter, Amazon said it expects sales to be $206 billion to $213 billion. The midpoint of the revenue outlook, $209.5 billion, topped estimates of $208 billion, according to LSEG.

In the past year, Nvidia stock has advanced 45%, bringing its market value to $5 trillion. More impressive, Palantir ...

AWS CEO Garman pledges $40B APEC investment to scale AI with cloud data Amazon to pour $40 billion into APEC cloud ...

A major outage last week disrupted Amazon's cloud division for 15 hours, affecting hundreds of companies and raising ...

Spurred by titans like Amazon and OpenAI, California State wants to become the nation’s “largest A.I.-empowered” university.

AWS’ managed generative AI service Amazon Bedrock allowed them to catalog and tag more than 700,000 assets in less than six ...