AWS puts $1 billion into new AI unit to embed engineers with customers, joining growing wave

AWS FDEs will look to leave behind self-sufficient teams with new AI solutions and capabilities in a matter of weeks, the ...

Amazon Is Up 92% Since Completing Its 20-For-1 Stock Split. Here's Why the Growth Stock Is an Even Better Buy Now.

The cloud leader is seeing booming demand for its custom AI chips.
CNBC

Amazon's cloud unit reports 19% revenue growth, topping estimates

Amazon Web Services reported a 19% increase in second-quarter revenue. Amazon picked longtime executive Matt Garman to replace Adam Selipsky as the cloud unit's leader during the quarter. In this ...
Forbes

Amazon Is Flying High, But Is It Now Overvalued?

Amazon Amazon Web Services is a major growth driver for Amazon in the thriving cloud services sector. Synergy in the other operating sectors could lead to further growth in the more traditional ...

Meta Wants In on the Cloud. Is Amazon Stock Still a Buy?

A reported new rival is coming for the cloud computing king's most profitable business.

Amazon Web Services CEO says half of white-collar jobs may 'change' due to AI — but it won't be a 'wipe-out'

Matt Garman, the CEO of AWS, pushed back on fears that artificial intelligence will decimate large swaths of the workforce.

Bank of America stays bullish on Amazon stock after Prime Day

Bank of America sees Amazon stock supported by a solid Prime Day readout and a new cloud pricing catalyst.