“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 ...

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

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

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

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

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

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.

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

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

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