AWS’s robust growth, especially in AI and cloud services, strengthens Amazon’s revenue and positions it as cloud ...
Amazon stock saw its best day in nine months on Friday. It climbed as much as 7.6% to $200.50, its steepest intraday gain ...
Amazon's 3Q24 operating margin rose to 38% ... investments in AI infrastructure and custom hardware are expected to drive ...
CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may ...
Lumen Technologies has partnered with Google Cloud as part of plans to drive its AI transformation. The company announced the partnership this week, a few days after it struck a similar cloud ...
Big Tech earnings this week could drive markets, as Meta, Apple, and Amazon prepare to reveal AI and growth strategies amid ...
Building on this success, Binance plans to extend its use of AWS's generative AI technologies and cloud services across ...
Despite its parent company's Seattle roots, Virginia, especially Northern Virginia (NoVA) has always been the home of Amazon’s cloud operations. The state, and specifically London County, hosted ...
Heavy investments in A.I. infrastructure like data centers are “useful assets” that will operate for 20 to 30 years, CEO Andy Jassy said.
Think of it as the ultimate offload model. One of the geniuses of the cloud – perhaps the central genius – is that a big company that would have a large ...