Andy Jassy explains Amazon’s 14,000 layoffs, buying Nvidia chips, upcoming Trainium3 AI chips, AWS capacity and sales growth, ...

Discover Amazon's Q3 gains as cloud, AI-driven retail, and grocery delivery fuel growth. Learn how these advances impact AMZN ...

“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’s stock price had already been dropping in after-hours trading on Thursday despite better-than-expected results when Morgan Stanley analyst Brian Nowak prefaced his questions on an earnings ...

Amazon’s cloud revenue rose at the fastest clip in nearly three years, helping the company forecast quarterly sales above ...

Amazon.com Inc. (NASDAQ:AMZN) has reportedly laid off several employees within its Amazon Web Services (AWS) cloud division, as the company continues to restructure amid the growing impact of ...

A mazon has confirmed plans to lay off 14,000 corporate employees, a move that forms part of a broader wave of potential cuts ...

Amazon sees “a significant opportunity” for growth in its existing physical stores, which are centered on grocery — at least for now. The e-commerce giant announced plans to expand same-day deliveries ...

Javed is a senior editor at TIME, based in the London bureau. Photo-Illustration by TIME (Courtesy Photo) More than 20 years ago, Andy Jassy started to build Amazon Web Services (AWS), which would ...

Amazon CEO Andy Jassy said the quiet part out loud this week, predicting AI will reduce its workforce. At least he’s honest about it, even if he trotted out the “free up workers for higher-value work” ...