Amazon CEO Andy Jassy declared in his latest shareholder letter that the company's self-developed chip business is booming, surpassing US$15 billion in annualized AI revenue through AWS — a ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. California Attorney General Rob Bonta claims that information from a 2022 lawsuit still in ...

Meta Platforms and Amazon.com agreed to a multibillion-dollar deal over several years in which the social-media company will use tens of millions of Amazon Web Services’ Graviton chip cores to support ...

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Amazon has today announced that it’s buying satellite giant GlobalStar to allow its Amazon Leo service to offer direct connectivity to consumer devices. Apple owned 20% of the company. The deal will ...

Amazon has significantly boosted its multibillion-dollar bet on Claude developer Anthropic by investing an additional $5 billion—enabling Anthropic to eventually secure up to 5 gigawatts’ worth of AI ...

WASHINGTON, April 24 (Reuters) - U.S. consumer sentiment fell to a record low in April as households shrugged off a ceasefire in the war with Iran, remaining focused on the inflation ‌fallout from the ...

Amazon AMZN0.56%increase; green up pointing triangle said Monday that it would invest an additional $5 billion in Anthropic, part of a broadening partnership that will see the two tech companies ...

In 2023, the Federal Trade Commission, then led by Joe Biden appointee Lina Khan, along with 17 states, filed an antitrust lawsuit against Amazon. The case, finally scheduled to go to trial next year, ...

Amazon just scored a major coup with Meta thanks, once again, to Amazon’s own homegrown chips. Meta has signed a deal to use millions of AWS Graviton chips to power its growing AI needs, Amazon ...

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Globalstar stockholders will receive $90 per share of Amazon common stock in a deal expected ...

With the payrolls report delayed to Wednesday, the University of Michigan's consumer sentiment index, due at 10 a.m. Eastern, headlines the data docket. Fed Vice Chair Philip Jefferson, at noon, will ...