Shares of Amazon.com Inc. jumped more than 12% in extended trading today after it posted earnings and revenue that easily beat analysts’ expectations, driven by the strongest growth in years in its ...
Amazon reportedly is committing over $1 billion to Microsoft, its largest cloud rival, to buy Microsoft 365 licenses for 1 million Amazon employees. AWS and Microsoft are fierce rivals in the cloud ...
Amazon and other tech giants are boosting their capital spending on cloud infrastructure for anticipated AI demand. (GeekWire File Photo / Todd Bishop) Amazon CEO Andy Jassy sounded more bullish than ...
Revenue was up last quarter for Amazon, Microsoft, and Google's clouds after months of decline. Generative AI is driving spend, they said, and cost-cutting is winding down. A recent survey found that ...
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