The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income.
Amazon Inc reported its financial results for the fourth quarter and full year 2024, with steady growth across its business segments. The advertising revenue saw a 18% year-over-year (YoY) growth, ...
Their new five-year agreement aims to accelerate the adoption of artificial intelligence and cloud technologies as the Trump ...
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in ...
Amazon shares lost ground in extended trading on Thursday after the tech giant reported cloud computing revenue below expectations and issued a tepid current quarter outlook. Monitor these key ...
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
Amazon Web Services (AWS) said it has benchmark tested support for up to 100 million concurrent users (CCU) for a single game.
Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
AWS and Orbital Materials have announced a partnership using generative AI to boost data center sustainability and efficiency ...
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...