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Amazon cuts hundreds of jobs in cloud computing unit
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Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
Amazon has reported strong results for the first quarterABC News - Tech -
Amazon.com reported record first-quarter sales as the artificial-intelligence boom powered growth in its cloud-computing unit.
Amazon.com reported record first-quarter sales as the artificial-intelligence boom powered growth in its cloud-computing unit.The Wall Street Journal - World -
Tech Powerhouses Reap Gains From AI Cloud Computing Boom
You can't spell AI without Alphabet--or Amazon, or Microsoft, which are all making money off the need for cloud services as businesses adopt AI functions.Inc. - Business -
AI StartupCoreWeaveNearly Triples Valuation to $19 Billion in Five Months
The company has raised $1.1 billion from investors including Fidelity and Magnetar Capital.The Wall Street Journal - Tech - Artificial Intelligence -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Amazon cost cuts drive operating margin into double digits for first time
Amazon's operating margin jumped past 10%, topping a prior high of 8.2% in 2021.CNBC - Business -
Tesla shares drop nearly 6% after Musk cuts about 500 jobs in Supercharger team
Tesla is continuing a sweeping reorganization and laying off some 500 employees from its Supercharger team.CNBC - Business - Tesla
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