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Posted 07/02/2025

Amazon Warns of Cloud Capacity Shortage amid Surging AI Demand

Amazon.com Inc., warned investors that its cloud service could face capacity constraints despite investing...

Posted 01/11/2024

Amazon’s 3Q Earnings Beat Expectation as Cloud and Ad Sales Lead Growth

Amazon reported 3Q24 earnings and revenue that exceeded expectations, fueled by strong growth in...

Posted 17/09/2024

Amazon Requires Employees to Resume Five-Day Office Work Schedule

Amazon CEO, Andy Jassy wrote in a memo on Monday instructing the company's employees...

Posted 17/09/2024

Intel Strikes Deal with Amazon for Custom Chip

Intel’s contract manufacturing business struck a deal with Amazon’s cloud services, leading to an...

Posted 06/08/2024

OpenAI Co-Founder Departs for AI Startup Anthropic

John Schulman, a co-founder of OpenAI, announced on Monday that he would be parting...

Posted 02/08/2024

Amazon Falls Short on Revenue Expectations in Q2 amid Higher Competition

Amazon's performance in the second quarter resulted in weaker-than-anticipated revenue, leading to a lackluster...

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