Amazon (AMZN) is going all-in on artificial intelligence, planning to pour over $100 billion into AI infrastructure in 2025.
As the Kansas City Chiefs take on the Philadelphia Eagles at Superbowl LIX this Sunday, Amazon (AMZN) is working hard in the ...
Amazon on Thursday reported its fourth-quarter net income doubled to $20 billion, with net sales rising 10 percent to $187.8 ...
While Amazon Web Services remained a key growth driver, the company provided a cautious first-quarter forecast that could ...
over the next decade from renting that enormous AI server capacity, assuming there is not a collapse in pricing, is $1,912.5 billion. Assuming price cuts over time that are modest, call it $1.5 ...
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
Good day, everyone, and welcome to the Amazon.com fourth quarter 2024 financial results teleconference. At this time, all ...
Amazon also said that revenue from its Amazon Web Services (AWS) cloud segment increased 18.9% to $28.8 billion and advertising revenues were up 18% from year-ago period to $17.3 billion.
Meta's stock surged 18 percent in January as investors endorsed its AI strategy. Amazon's AWS cloud division, along with rivals Microsoft and Google, are investing heavily in AI data centers while ...
One big reason Amazon has shot up the charts is its cloud business, Amazon Web Services. Revenue at AWS has more than doubled since 2020 and now accounts for about 17% of total sales. The Covid ...
Walmart’s latest brand and logo update has left some social media users baffled. On Jan. 13, the company announced in a press release on its website that it was launching a “comprehensive ...