Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google Cloud seeing cloud-related revenue rise by 31% and 30%, respectively. Even so, AWS remains much bigger than any other cloud infrastructure provider, and it’s notable that those peers also missed expectations this week.
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AWS and Orbital Materials have announced a partnership using generative AI to boost data center sustainability and efficiency ...
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
“Even though Amazon has once again pivoted toward a new investment cycle to play a key role in the AI revolution, its ...
Amazon Web Services growth will be a major factor in Amazon's earnings report Thursday, along with questions about AI demand ...
Indian enterprises are on par with the rest of the world in adopting AI and GenAI platforms, according to Amazon Web Services ...
Commonwealth Bank of Australia (CommBank) has extended its alliance with Amazon Web Services (AWS), with an aim to enhance ...
AgentWood, an AI-powered content creation platform, is set to launch its native token, $AWS, on February 17, 2025. The token ...
AWS has collaborated with Bouygues to accelerate digital transformation in construction, energy and services, media, and ...
AWS Lambda has played a pivotal role in shaping the cloud computing landscape, but its evolution is far from over.
Top Wall Street analysts are bullish on numerous fronts, from cloud services to AI to robotics. The tech giant reports Q4 ...
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