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Amazon's stock sank on Thursday afternoon, weighed down by mixed guidance and AI competition, though the company beat Q2 ...
Jassy also countered the idea that Amazon ( NASDAQ: AMZN) may have fallen behind in the AI arms race.
Amazon.com Inc. dropped in late trading after projecting weaker-than-expected operating income and trailing the sales growth ...
Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major investments in artificial ...
Amazon Web Services is aiming to leverage its clout in the cloud for an AI advantage. (GeekWire File Photo) An increase in Amazon Web Services spending ...
Microsoft has said the spending is crucial to overcoming supply constraints that have hampered its ability to meet soaring AI ...
Amazon announced new business from the likes of PepsiCo during the second quarter, as revenue topped $30 billion.
Reddit Swings to Second-Quarter Profit as AI-Driven Improvements Boost Ad Revenue Reddit's AI-driven advertisements have helped the company draw in more business, pushing revenue up 78% to $499.6 ...
UnitedHealth Group named Bain Capital executive Wayne DeVeydt as its next CFO, replacing John Rex, who will become strategic advisor to the CEO. The medical products maker raised its earnings outlook ...
The e-commerce giant’s quarterly sales results beat expectations, but shares dropped 7% because its cloud computing arm’s growth wasn’t as strong as rivals’.
Helion Energy, a startup partnering with Microsoft, has started construction on a fusion power reactor, joining the race to ...
A fast-growing finance sector, major infrastructure investments and its strong Latin American ties are helping the city position itself as one of the US’s most hotly contested business hubs ...
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