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

Amazon posted higher fiscal third quarter profit and sales compared with a year ago, fueled by accelerating growth in its ...

Discover Amazon's Q3 gains as cloud, AI-driven retail, and grocery delivery fuel growth. Learn how these advances impact AMZN ...

The strong results from AWS, the world’s largest cloud provider, followed stellar cloud revenue growth reported on Wednesday ...

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.

With this increasing demand, AWS has been building out its data center capacity rapidly. According to Jassy, the company has ...

Accelerating a business at the scale of AWS, which has an $132 billion annualized run rate, is no easy feat, President and ...

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

Amazon.com plans to continue spending on capacity to meet demand for artificial intelligence and cloud products.

Amazon is reportedly set to eliminate a significant portion of its workforce. CEO Andy Jassy is on the hunt for AI-driven ...

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

The sweeping layoffs mark another major contraction under CEO Andy Jassy, who has slashed tens of thousands of roles since ...