A major outage last week disrupted Amazon’s cloud division for 15 hours, affecting hundreds of companies and raising questions about AWS’ resilience. AWS’s market share has fallen from nearly 50% in ...
Forbes contributors publish independent expert analyses and insights. Victor Dey is an analyst and writer covering AI and emerging tech. AWS signals a competitive posture in the CCaaS market with new ...
Sam Altman’s blowtorch to his competitors is so hot, it even includes a new partnership with Amazon Web Services. As OpenAI announced two open-weight reasoning models with capabilities on par with its ...
Amazon reported $31.4 billion in Q2 CapEx, up 80.6% YoY, significantly pressuring free cash flow. AWS delivered $30.9 billion in Q2 revenue, growing 17.5% YoY, with a $123 billion annualized run rate.
The cloud unit is giving customers the AI tools they need. AWS is also aggressively adding capacity. To be sure, Amazon didn't invent cloud computing. However, the company's 2006 launch of Amazon Web ...
Amazon's profit guidance and AI plans weighed on its stock on Thursday. Shares of Amazon fell 7% in after-hours trading. CEO Andy Jassy tried to defend Amazon's AI strategy to analysts. Amazon's AI ...
The majority of Amazon's profitability is generated by AWS, the pioneer and largest IaaS provider in the industry.
Amazon Web Services (AWS) and Microsoft’s dominant hold on the cloud computing market is to come under renewed scrutiny, with the European Commission (EC) set to investigate the pair’s activities ...
This is a bellwether for the AI business.
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