In a statement, Amazon Chief Executive Andy Jassy (pictured) said AWS is now growing at a pace that hasn’t been seen since 2022, primarily due to demand for AI resources. “We continue to see strong ...
Amazon also saw its free cash flow fall to $14.8 billion, compared to $47.8 billion in Q3 2024, "driven primarily by a ...
AWS reported third-quarter revenue of $33bn, a record growth rate in nearly three years. Analysts expected 18% year-over-year increase; shares rose ~13%, outperforming peers like Azure, Google Cloud.
The AI boom is visible from orbit. Satellite photos of New Carlisle, Indiana, show greenish splotches of farmland transformed ...
Alongside today’s earnings conference call, Apple CEO Tim Cook also spoke with CNBC, where he addressed Apple’s predicament ...
Amazon.com plans to continue spending on capacity to meet demand for artificial intelligence and cloud products.
Amazon.com, Inc. delivered robust Q3 results, highlighted by strong AWS performance and significant earnings beat. Learn more ...
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 ...
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Amazon reported its third quarter earnings after the bell on Thursday, beating on the top and bottom lines as its cloud ...
Here is a funny number to chew on. Sometime in the early part of 2026, if current trends persist, Google will have a spending rate on servers that is in ...