Amazon has backed a new AI service that is being called the "Netflix of AI", and it's another depressing development in the use of generative AI in the entertainment industry.

Shares of tech giants Meta and Microsoft were soaring Thursday, with the two companies adding a combined $400 billion to their market values ...

With headcount inching up to 1.55 million, CEO Andy Jassy said "AI progress across the board continues to improve our customer experiences, speed of innovation, operational efficiency, and business ...

Microsoft Corp forecast a record US$30bil in capital spending for its current financial first quarter, after booming sales in its Azure cloud computing business showcased the growing returns on its ...

Amazon.com forecast current-quarter revenue above market estimates on Thursday, encouraged by solid retail business despite ...

Microsoft Corp. said it will spend more than $30 billion in the current quarter to build out the data centers powering its ...

A notable nugget for data platform watchers is with Azure Databricks and Snowflake on Azure both accelerating, Microsoft is ...

An increase in Amazon Web Services spending cut into the cloud giant’s profits in the second quarter as AWS raced to meet ...

Amazon.com, Inc.'s Q2 impresses but shares dip on cautious Q3 outlook. Click for my updated look at AMZN stock and why I ...

AWS represents a small part of Amazon’s total revenue, but it is a key driver of profits, typically accounting for about 60% ...

Jassy told analysts that companies have two choices, to embrace and shape the change that's coming, or "wish it away and have it shape you." ...

The CMA determined that "competition is not working well" and has shared recommendations to solve the situation. An independent CMA panel found the cloud services market to be “highly concentrated,” ...