Technology Amazon profits surge 35% but forecast sinks share price San Francisco – Amazon reported a 35 percent jump in quarterly profits Thursday as the e-commerce giant said major... Read more 1 Aug
Technology Amazon shuts down Shanghai AI lab: source Shanghai – US tech giant Amazon has shut down its artificial intelligence research lab in Shanghai, a source with... Read more 25 Jul
Technology Amazon launches first Starlink-rival internet satellites Cape Canaveral – Amazon on Monday launched its first batch of Project Kuiper internet satellites, marking the start of its... Read more 29 Apr
Technology Amazon Prime Video tests AI-assisted dubbing San Francisco — Amazon’s Prime Video streaming service announced Wednesday it will begin testing AI-assisted dubbing to make its... Read more 6 Mar
Technology Big Tech’s AI spending rattles markets San Francisco — E-commerce giant Amazon reported strong earnings Thursday but, like its big tech peers Microsoft and Google,... Read more 7 Feb
Technology Amazon launches AI models to challenge rivals San Francisco — Amazon on Tuesday unveiled a suite of artificial intelligence models in its boldest move yet to... Read more 4 Dec, 2024
Technology AI and cloud in spotlight as big tech earnings roll out San Francisco — US tech giants saw their shares fluctuate this week as investors tried to gauge whether artificial... Read more 2 Aug, 2024
Technology Amazon cloud giant AWS wants public sector to embrace AI Washington — Amazon’s AWS, the world’s biggest cloud computing outfit, is making a major push to entice the public... Read more 28 Jun, 2024
Technology Amazon pledges $230 million to boost generative AI startups San Francisco — Cloud computing giant Amazon Web Services on Thursday announced a $230 million commitment aimed at accelerating... Read more 14 Jun, 2024
Technology Meta, Amazon beat expectations with stellar results San Francisco — Meta and Amazon on Thursday blew through expectations in their latest quarterly results as Big Tech... Read more 2 Feb, 2024