Amazon just raised its artificial intelligence (AI) budget to $220 billion, up from a prior estimate of $200 billion.
The e-commerce giant’s choice of Andy Jassy for its next chief executive shows that fortunes in the tech industry are increasingly made in the cloud. Amazon’s cloud-computing ...
Amazon's stock surged after a strong quarter and upbeat outlook from CEO Andy Jassy.
Amazon CEO Andy Jassy believes conviction is essential for new ideas. Unproven concepts require strong belief to navigate ...
AWS just posted $42.2 billion in revenue with its fastest growth in 18 quarters and the AI platform saw more spending last ...
Amazon just hiked its capex target past $220 billion with demand still exploding, and investors are caught between fear of ...
Amazon CEO Andy Jassy made $2.1 million last year and had millions of dollars' worth of company stock.
Amazon CEO Andy Jassy championed tiny teams, trumpeted the company's flatter structure, and underlined the need for workers to navigate ambiguity.
AWS AI innovation, $220 billion CapEx investment, $169 billion ARR and not having its own frontier AI models bodes well for ...
Amazon jumped about 10% to $258 in after-hours trading, putting shares at their highest level since early June.
Berkshire Hathaway closed out its 2.3 million-share Amazon position in the first quarter of 2026, when Greg Abel took over as CEO. AWS, Amazon's cloud business, reported a 37% sales increase in the ...
The maker of Trainium chips now runs one of the top three data center chip businesses in the world, according to its CEO.