Amazon says it expects to spend in excess of $100 billion this year, with the “vast majority” going straight into AI projects ...
There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
Amazon's Q4 2024 earnings beat expectations, driven by AWS's strong performance. Read more to see what makes AMZN stock a ...
JPMorgan believes Amazon's AWS growth is expected to slow but eventually accelerate. AI investments and logistics efficiency ...
From the number of potential AWS employees being laid off to AWS being the major profit driver for Amazon, CRN breaks down five things to know from Amazon’s 9,000 layoff announcement today.
Amazon has turned in better-than-expected Q4 2024 earnings results, driven by strong performances in AWS and international markets, though high capital expenses loom.
Bank of America analyst Justin Post reiterated a Buy rating and raised the price target from $255 to $257. RBC Capital ...
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
Amazon has reported a very high operating margin in AWS for the last three quarters, which has helped boost the overall operating income and EPS. The recent quarterly operating margin of 38.1% in ...
Amazon Web Services' hiring has hit a low point. Last year, Amazon's cloud business was on a hiring spree as it raced to keep up with the pandemic-fueled demand for its services. This month ...