AWS is Amazon's cloud services division. It's the largest cloud company in the world, with 29% of the global market share, ...
A major outage last week disrupted Amazon’s cloud division for 15 hours, affecting hundreds of companies and raising questions about AWS’ resilience. AWS’s market share has fallen from nearly 50% in ...
AI firm OpenAI (PC:OPAIQ) recently signed a massive deal with tech giant Amazon (AMZN), where it agreed to spend around $38 billion over the next seven years on cloud services through Amazon Web ...
Forbes contributors publish independent expert analyses and insights. Victor Dey is an analyst and writer covering AI and emerging tech. AWS signals a competitive posture in the CCaaS market with new ...
Sam Altman’s blowtorch to his competitors is so hot, it even includes a new partnership with Amazon Web Services. As OpenAI announced two open-weight reasoning models with capabilities on par with its ...
Amazon's profit guidance and AI plans weighed on its stock on Thursday. Shares of Amazon fell 7% in after-hours trading. CEO Andy Jassy tried to defend Amazon's AI strategy to analysts. Amazon's AI ...
I reiterate my Sell rating on Amazon.com, Inc. due to sluggish AWS growth and an unjustified valuation premium over Alphabet and Microsoft. While Amazon's Q2 top line growth rebounded, AWS continues ...
Amazon reported $31.4 billion in Q2 CapEx, up 80.6% YoY, significantly pressuring free cash flow. AWS delivered $30.9 billion in Q2 revenue, growing 17.5% YoY, with a $123 billion annualized run rate.
BofA Securities says Amazon could see renewed upside in 2026 as AWS AI execution improves, reiterating a Buy rating and a $303 price target on AMZN stock.
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The cloud unit is giving customers the AI tools they need. AWS is also aggressively adding capacity. To be sure, Amazon didn't invent cloud computing. However, the company's 2006 launch of Amazon Web ...