Amazon's custom chip business is growing fast. Here's what Graviton, Trainium, and Nitro could mean for AWS, NVIDIA, margins, ...
Two of the company's growth engines, in particular, are gaining steam at the same time: Amazon Web Services (AWS) and the ...
Amazon.com Inc. is investing an additional $5 billion in Anthropic PBC and may inject $20 billion more over time, a deal that strengthens ties in in an increasingly competitive artificial intelligence ...
You are being shown one number. Mark Zuckerberg told 8,000 Meta employees in early May that their jobs were a casualty of the company’s AI infrastructure budget. Amazon has cut roughly 30,000 roles in ...
Amazon is boosting its investment in Anthropic, which is committing to spending over $100 billion on Amazon cloud services over the next decade.
A caller on Bloomberg Businessweek’s Big Tech Special earnings panel captured the strangest dynamic in this market with a ...
Amazon is making its most aggressive move yet to close the gap with SpaceX to shortcut its way into becoming a cell service provider.
One has a more immediate need while the other can play the long game.
Amazon.com, Inc. Q1 beat on AWS and Ads; AWS $464B backlog de-risks $200B capex and supports margins. Click for this updated ...
Amazon said it would acquire Globalstar, giving its nascent satellite internet business a boost as it vies to compete with Elon Musk's SpaceX.
Jan 29 (Reuters) - Amazon is in talks to invest ‌dozens of billions in ChatGPT-maker OpenAI ‌and the figure could be as high as $50 billion, a source told Reuters on Thursday. The discussion is still ...