A series of recent rulings from regulators dashed the Big Tech companies' hopes of finding a quick fix for their electricity ...
Amazon.com Inc. shares hit an intraday record on Wednesday, in the latest example of how big tech remains a favored part of ...
The growth of generative artificial intelligence businesses is surprising even the tech industry’s most seasoned executives.
Amazon reported record profits on Thursday, as cloud computing sales picked up steam and its retail business showed ...
Amazon's initial collaboration with Anthropic ... The integration of specialized AI chips within cloud services represents a ...
Amazon (NASDAQ: AMZN) shares popped following its third-quarter results, which were once again powered by its cloud computing ...
Amazon’s (AMZN) third-quarter results came in above Wall Street’s estimates thanks to strong growth in its cloud and ...
Amazon CEO Andy Jassy said AWS, its cloud-computing unit, shows it's got the logistical know-how to succeed in artificial ...
CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may ...
According to Synergy Research Group, in the third quarter of 2024, spending on global cloud infrastructure services surged by $15.7 billion, or 23%, over the same period in 2023, reaching over $84 ...
For Amazon, its cloud business AWS accounted for 18% of its revenue in the April-June quarter and Microsoft’s Intelligent Cloud unit that houses Azure contributed 44% to overall revenue.