Amazon shares jumped nearly 12% in premarket trade on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race.

The answer is that these three innovations were all named winners in the Amazon Web Services (AWS) AI Hackathon Hong Kong. The city-wide competition challenged top tech talents to create transformative generative artificial intelligence (AI) solutions,

Amazon (AMZN.O) shares jumped nearly 12% in premarket trade on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race.

In its financial results for the third quarter ending September 30, 2025, Amazon’s net sales climbed 13% year-over-year to $180.2 billion, up from $158.9 billion in the same period of 2024. Excluding foreign exchange tailwinds, sales were up 12%.

Amazon (AMZN) shares continued to gain ground in late trading on Thursday with the company’s earnings call highlighting the advancements in its cloud computing segment, new features on its ecommerce site,

The platform seeks to help businesses upgrade mainframe, .NET and VMware workloads, in line with a vendor push toward agent-driven modernization.

Amazon’s largest AI data center is now operational in New Carlisle, Indiana, with half a million AWS Trainium 2 chips entirely devoted to powering OpenAI rival Anthropic. Just over a year ago, the site was nothing but cornfields.

Indiana that will run artificial intelligence models for Anthropic PBC. CNBC reported the milestone today. The campus, which is located near Lake Michigan, was built as part of an initiative called Project Rainier that AWS announced last year.

A viral TikTok expert claims Amazon's 30,000 layoffs are a 'talent for GPUs' trade to fund its costly AI chip budget, not AI automation.

The US cloud giant’s infrastructure investments through 2028 aim to capture and bolster AI agent development at companies in 14 APEC economies.

Investors were worried AWS was falling behind in AI. A new growth trajectory has restored confidence in Amazon’s cloud business.