Amazon, AWS and Q3
Digest more
In recent corporate developments, Amazon has announced a strategic shift that underscores its commitment to artificial intelligence. In what has
Artificial intelligence is impacting the workforce. Now colleges are offering AI driven courses to prepare their students for the future.
Amazon.com plans to continue spending on capacity to meet demand for artificial intelligence and cloud products.
Amazon's cloud revenue rose at the fastest clip in nearly three years, helping the company forecast quarterly sales above estimates and driving its shares up 14% in after-market trading.
The Wall Street Journal is reporting that the biggest firms in Silicon Valley have invested $400 billion into artificial intelligence technology just this year. Tech companies like Meta, Alphabet, Microsoft and Amazing are expected to increase their investment in AI next year.
24/7 Wall St. on MSN
Amazon’s Coming AI Cash Burn: Bullish Signal or Time to Sell?
Amazon (NASDAQ:AMZN) is gearing up for massive investments in artificial intelligence (AI), with capital expenditures projected to exceed $100 billion in 2025. This surge focuses on bolstering AI capabilities,
22hon MSN
Amazon reports higher sales and earnings for 3Q, helped by its fast-growing web services business
Amazon posted higher fiscal third quarter profit and sales compared with a year ago, fueled by accelerating growth in its cloud computing business and strong spending by its customers looking for low prices at a time when inflation is resurging.
The e-commerce giant’s cloud-computing business has disappointed investors with its growth recently, but that appears to be changing.