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 ...

Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.

Jassy said the supply of chips — from third parties and Amazon’s own chip design unit — and power capacity are limiting the ...

Still, Amazon may be better positioned than rivals to capitalize on cheaper AI, analysts say, due to its massive cloud ...

The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, after Microsoft and Google's lackluster reports jolted investor ...

Feb 7 (Reuters) - Amazon.com (AMZN.O), opens new tab shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a ...

Amazon created the cloud-computing industry back in 2006 when it launched Amazon Web Services (AWS) to help speed up the infrastructure development it had started doing for partners and affiliates.

Meta's stock surged 18 percent in January as investors endorsed its AI strategy. Amazon's AWS cloud division, along with rivals Microsoft and Google, are investing heavily in AI data centers while ...