Matt Garman became CEO of Amazon Web Services in June 2024. An AWS outage affected major platforms like Roblox and Zoom, disrupting banking services.

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

“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 ...

The strong results from AWS, the world’s largest cloud provider, followed stellar cloud revenue growth reported on Wednesday ...

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

This deal was announced just hours after Microsoft announced a $9.7 billion deal with Australian data center company IREN.

Amazon Web Services (AWS) faces significant organizational bloat, hindering its ability to compete in the AI race, according ...

‘We expect that [AI] will reduce our total corporate workforce as we get efficiency gains from using AI extensively across the company,’ said Amazon CEO Andy Jassy in June. The company is reportedly ...

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 ...

Jeff Bezos’ ownership stake in Amazon has fallen below 10% — marking a milestone in the billionaire’s decades-long relationship with the e-commerce giant he built from a Seattle garage. The Amazon ...

The Amazon founder has been selling off his shares at a regular cadence since stepping aside as CEO four years ago. By Alex Weprin Senior Editor For what is likely the first time in Amazon‘s history, ...

Mark Zuckerberg's metaverse chief is urging employees to adopt AI across every workflow as part of a broader shift inside the company. A Meta executive in charge of building the company’s metaverse ...