The cloud unit, Amazon Web Services, reported a 19% rise in revenue to $28.79 billion, falling short of estimates of $28.87 ...
Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period. But its stocks dipped in after-hours trading due to disappointing guidance for the current quarter ...
Amazon Web Services growth will be a major factor in Amazon's earnings report Thursday, along with questions about AI demand ...
Amazon’s CEO plans to invest more than $100 billion this year, mostly in AI infrastructure — but could face challenges buying ...
There is a bit of AI spending one-upmanship going on among the hyperscalers and cloud builders – and now the foundation model ...
The company will keep fueling infrastructure spend to support AI and cloud, amid what CEO Andy Jassy described as a ...
Youssef Squali, Truist Securities global head of internet and media, joins CNBC's 'Squawk on the Street' to discuss ...
Their new five-year agreement aims to accelerate the adoption of artificial intelligence and cloud technologies as the Trump ...
AWS has already embraced China’s DeepSeek R1 frontier model in Amazon Bedrock and Amazon SageMaker, Jassy told financial ...
Amazon held cloud revenue growth steady when rivals couldn’t. Analysts say the company wouldn’t be spending so much on AI if it didn’t see strong long-term demand.
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