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

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

Big Tech ramps up AI spending, with Amazon, Google, Microsoft, and Meta pushing total investment past $300 billion in 2025 ...

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, ...

AWS completes the set with slower cloud growth expectations alongside Google and Microsoft. Play the long game, urges CEO ...

CEO Andy Jassy’s campaign to flatten Amazon’s middle management is raising fears among staff of lean years and fewer promotions, as old career ...

FY24 results met expectations, but weak Q1 guidance caused a dip. Learn why AMZN stock presents a potential buy-the-dip ...

We believe Amazon is financially sound. Revenue is growing rapidly, margins are expanding, the company has unrivaled scale, and the balance sheet is in great shape. In our view, the marketplace will ...

Amazon (NASDAQ:AMZN) shares fell over 4% in extended trading on Thursday, wiping out nearly $90 billion in market value. The ...

Amazon is expected to face legal action from a Canadian union after the company’s plan to wind down warehouse operations in ...

The tech giant's ad revenue grew by 18 percent in its latest quarter, as did overall sales and operating income.