Amazon’s third-quarter profit jumped 38% to $21.2 billion, boosted in part by a $9.5 billion paper gain on its investment in ...

Amazon.com Inc.'s (NASDAQ:AMZN) massive artificial intelligence push took a major step forward as its Project Rainier supercomputer, powered by nearly 500,000 Trainium2 chips, officially went live.

Amazon said it has launched its compute cluster project called Rainier, and added that Anthropic will use more than a million ...

On Wednesday Amazon announced the completion of its data-center initiative Project Rainier, which will primarily be used to ...

Amazon reported its third quarter earnings after the bell on Thursday, beating on the top and bottom lines as its cloud ...

Project coming online last week beat Amazon competitors into the market, and total investment may eventually exceed $11 ...

Strong performance of Amazon’s cloud business soothed investor fears of an AI bubble. Read more at straitstimes.com. Read ...

Investors have been skeptical about Amazon's artificial-intelligence Trainium chips, according to Bank of America analyst ...

After unexpectedly strong sales and profits across its consumer and cloud businesses, the tech giant said another strong ...

Amazon has recently launched its $11 billion worth Rainier project on October 29, 2005 to power Anthropic’s Claude model by ...

In a statement, Amazon Chief Executive Andy Jassy (pictured) said AWS is now growing at a pace that hasn’t been seen since ...