Amazon’s third-quarter profit jumped 38% to $21.2 billion, boosted in part by a $9.5 billion paper gain on its investment in ...

Amazon said it has launched its compute cluster project called Rainier, and added that Anthropic will use more than a million ...

Amazon reported its third quarter earnings after the bell on Thursday, beating on the top and bottom lines as its cloud ...

On Wednesday Amazon announced the completion of its data-center initiative Project Rainier, which will primarily be used to ...

Project coming online last week beat Amazon competitors into the market, and total investment may eventually exceed $11 ...

Amazon also saw its free cash flow fall to $14.8 billion, compared to $47.8 billion in Q3 2024, "driven primarily by a ...

Strong performance of Amazon’s cloud business soothed investor fears of an AI bubble. Read more at straitstimes.com. Read ...

After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong ...

In a statement, Amazon Chief Executive Andy Jassy (pictured) said AWS is now growing at a pace that hasn’t been seen since ...

Investors have been skeptical about Amazon's artificial-intelligence Trainium chips, according to Bank of America analyst ...

Amazon has recently launched its $11 billion worth Rainier project on October 29, 2005 to power Anthropic’s Claude model by ...

CFRA Research senior equity research analyst, Arun Sundaram, joins Market Domination Overtime host Josh Lipton to explain ...