Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google Cloud seeing cloud-related revenue rise by 31% and 30%, respectively. Even so, AWS remains much bigger than any other cloud infrastructure provider, and it’s notable that those peers also missed expectations this week.
Amazon Web Services (AWS) reports full-year results and reveals capital expenditure toll the AI boom will take on its business in 2025 ...
Amazon Web Services growth will be a major factor in Amazon's earnings report Thursday, along with questions about AI demand ...
Amazon share price drops after key division misses earnings as investors get ‘jitters’ over AI spending - After-hours trading ...
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AWS and Orbital Materials have announced a partnership using generative AI to boost data center sustainability and efficiency. The partnership will focus on developing new materials for carbon removal ...
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
AWS completes the set with slower cloud growth expectations alongside Google and Microsoft. Play the long game, urges CEO ...
AWS has collaborated with Bouygues to accelerate digital transformation in construction, energy and services, media, and ...
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Amazon.com Inc (AMZN) reports a 61% surge in operating income and strong performance in AWS and advertising segments despite ...
AgentWood, an AI-powered content creation platform, is set to launch its native token, $AWS, on February 17, 2025. The token ...
Outpacing the likes of Microsoft and Google, Amazon has announced to invest a whopping $100 billion in Artificial ...
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