Amazon’s results suggest that its AI-driven cloud strategy is beginning to pay off, even as the company undergoes one of its most significant cultural and structural resets in years ...
AWS’s record Q3 earnings were attributed to a strong momentum in enterprises using the cloud service for AI workloads.
Cloud business re-accelerates 20% YoY; Andy Jassy credits AI-led gains across units even as one-time legal and severance ...
Amazon.com Inc.'s (NASDAQ:AMZN) massive artificial intelligence push took a major step forward as its Project Rainier supercomputer, powered by nearly 500,000 Trainium2 chips, officially went live.
Live Updates Live Coverage Updates appear automatically as they are published. Get The Best Amazon Live Earnings Coverage ...
“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 ...
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Amazon juggernaut continues hauling in more cash despite recent bad news
The spending will continue until AI revenue improves Despite a trickle of bad news from Amazon in recent weeks, the company's ...
Amazon Web Services (AWS) reported third-quarter revenue of US$33 billion, an increase of 20% from the prior year and the ...
The AI boom is visible from orbit. Satellite photos of New Carlisle, Indiana, show greenish splotches of farmland transformed ...
Alongside today’s earnings conference call, Apple CEO Tim Cook also spoke with CNBC, where he addressed Apple’s predicament ...
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