OpenAI has signed a new deal valued at $38bn with Amazon that will allow the artificial intelligence giant to run AI workloads across Amazon Web Services (AWS) cloud infrastructure. The seven-year ...

Markets stay steady as investors track earnings, trade progress and AI financing risks despite ongoing U.S. shutdown.

Amazon.com Inc. has become the latest company to ink a deal with OpenAI, a move that's sending the stock higher and solidifying its status as an artificial-intelligence winner.

Despite having to make allowances for paying out close to $2bn in severance payments, Amazon’s results show its cloud arm is continuing to go from strength to strength.

Amazon.com, Inc. (NASDAQ:AMZN) was due to report its earnings when this show was aired. The results saw the firm deliver 20% growth with its crucial Amazon Web Services cloud business.

Amazon’s latest layoffs collide with an AI boom that’s reshaping Seattle’s tech scene. On this week’s GeekWire Podcast, we unpack Andy Jassy’s “startup” logic, debate whether AI is a true revolution ...

A mazon has confirmed plans to lay off 14,000 corporate employees, a move that forms part of a broader wave of potential cuts ...

Wall Street loved what it saw from Amazon this week. Yes, despite the layoffs.

Amazon slashed 4% of its 350,000-person global corporate workforce, marking one of the largest job cuts in the company's ...

Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum heading into ...

Amazon CEO Andy Jassy says 14,000 layoffs stem from “culture” and organizational layers, not finances or AI, aiming to ...

“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of ...