Microsoft, leading the generative AI revolution through its OpenAI partnership, plans to invest about $80 billion in AI this fiscal year. And while it has rapidly deployed AI features under its Gemini ...

The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...

An immense demand for AI services is forcing some of the world’s biggest tech companies including Amazon and Microsoft that ...

Amazon posted strong revenue and profit gains for the holiday season, but shares fell due to weaker-than-expected guidance ...

During the earnings call that followed the release of Amazon's financial results, senior executives acknowledged the adverse ...

Q4 2024 Management View CEO Andy Jassy highlighted $187.8 billion in revenue for Q4, a 10% year-over-year increase, which would have been 11% without foreign exchange headwinds. Operating income ...

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

Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...

Amazon is the latest tech giant to announce a massive AI spending plan, with well over $100 billion in predicted capital ...

Amazon's recent earnings reports present a mixed picture, with strong revenue growth tempered by cautious future projections.

The company called out an ‘unusually large, unfavorable impact’ from currency, which is expected to hit first-quarter results.