JPMorgan raised its Amazon stock target after AWS growth accelerated, but rising AI spending and negative free cash flow ...

Billions of dollars are being poured into a new wave of AI technology. But will it pay off?

Amazon reshapes its AI strategy by deprecating most Nova AI models and shifting resources to Pieter Abbeel's Frontier Model ...

On its recent earnings call, Amazon said AI demand is fueling faster AWS growth, but capacity still remains limited.

Amazon is gutting its AI labs and funneling its resources into a new project headed by a noted AI robotics guru.

There goes millions of dollars. The post Amazon Insiders Horrified at “Catastrophically Expensive” Internal AI Usage appeared ...

Amazon Web Services surpassed analysts' growth projections. The market-leading cloud announced arrangements with Meta and ...

By Deborah Mary Sophia and Kanchana Chakravarty July 31 (Reuters) - Amazon shares surged nearly 14% on Friday after the tech ...

AWS just posted $42.2 billion in revenue with its fastest growth in 18 quarters and the AI platform saw more spending last ...

Aggressive AI spending plans by Amazon.com Inc., Microsoft Corp. and Alphabet Inc. provided fresh evidence that demand for ...

Amazon is pouring $200 billion into AI this year, but a new report reveals there have been instances of “catastrophically ...

FTC rules require products advertised as "made in USA" to be "all or virtually all" made in the United States. The FTC last ...