"The most successful holiday shopping season yet": Jassy flagged the 10% growth in revenue, which came in ahead of ...

Amazon CEO Andy Jassy has expressed his admiration for Chinese AI startup DeepSeek, specifically praising its innovative ...

Amazon just wrapped a big fourth quarter, with a 10% lift in net sales to hit $187.8 billion and a year-over-year (YoY) ...

US e-commerce giant Amazon has reported a net sales increase of 11% to $638.0bn during the full year 2024 (FY24) against $574 ...

In 2024, this spending was still $83 billion. Amazon is trying to invest quickly in AI as competition from companies such as ...

Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.

Google parent Alphabet, Amazon, Meta, and Microsoft have all deepened their commitments to AI efforts for the fiscal year ...

Amazon CEO Andy Jassy announces plans to spend $100 billion on capital expenditure in 2025, with the majority allocated to AI ...

Meanwhile, robust retail performance and solid advertising helped partly offset the cloud weakness, with online sales rising ...

Amazon has invested $8 billion in AI startup Anthropic and will leverage its technology to power the new Alexa. The service is expected to integrate seamlessly with existing Alexa-enabled devices, ...

Amazon on Feb. 6 reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in ...

Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...