The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday.
Amazon Web Services is grappling with capacity constraints due to AI chip shortages, impacting growth despite strong demand.
Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs.
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
Amazon CEO Andy Jassy has said that the company’s cloud computing growth could be tampered due to constraints in obtaining AI infrastructure and electricity to power data centers.
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon’s $104 billion spending plan marks one of the most significant investments in AI and cloud computing. While the stock ...
Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to ...
Microsoft Azure, Google Cloud and AWS cloud sales for fourth quarter 2024 includes global market share, total revenue, ...
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
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Amazon falls after guidance disappoints and cloud-computing growth misses estimates, Affirm jumps after fiscal second-quarter earnings beat analysts’ forecasts, and Pinterest soars after posting its ...