With this increasing demand, AWS has been building out its data center capacity rapidly. According to Jassy, the company has ...

“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of ...

Amazon (AMZN) shares continued to gain ground in late trading on Thursday with the company’s earnings call highlighting the ...

Accelerating a business at the scale of AWS, which has an $132 billion annualized run rate, is no easy feat, President and ...

Amazon.com plans to continue spending on capacity to meet demand for artificial intelligence and cloud products.

Amazon slashed 4% of its 350,000-person global corporate workforce, marking one of the largest job cuts in the company's ...

During Amazon's earnings call, Chief Executive Andy Jassy said the e-commerce giant was committed to "meeting or beating ...

Amazon reported higher sales and earnings for the third quarter, and it was boosted by its fast-growing web services business ...

Amazon CEO Andy Jassy says 14,000 layoffs stem from “culture” and organizational layers, not finances or AI, aiming to ...

CEO Andy Jassy has clarified that these layoffs are not primarily ... a 13% year-over-year increase. Amazon Web Services (AWS ...

“Amazon has a deep moat around their core businesses driven by their unmatched scale and appears to have numerous healthy organic revenue growth opportunities driven primarily by their high-margin AWS ...

The sweeping layoffs mark another major contraction under CEO Andy Jassy, who has slashed tens of thousands of roles since ...