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

Amazon (AMZN) shares continued to gain ground in late trading on Thursday with the company’s earnings call highlighting the ...

“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 ...

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

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

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

Amazon’s cloud revenue rose at the fastest clip in nearly three years, helping the company forecast quarterly sales above ...

Amazon Web Services (AWS) faces significant organizational bloat, hindering its ability to compete in the AI race, according ...

During Amazon's earnings call, Chief Executive Andy Jassy said the e-commerce giant was committed to "meeting or beating ...

Amazon’s stock price had already been dropping in after-hours trading on Thursday despite better-than-expected results when Morgan Stanley analyst Brian Nowak prefaced his questions on an earnings ...

Amazon founder and CEO Jeff Bezos is stepping down. The company today announced that Amazon Web Services (AWS) CEO Andy Jassy will take over this summer as Bezos transitions to an executive chair role ...