Amazon is laying off an unspecified number of employees in its cloud computing division, the company confirmed. The company ...

HONG KONG -- Amazon is shutting down its AI Lab in Shanghai, the latest U.S. tech giant to retreat from China amid ongoing ...

Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday (Jul 17), two sources said, ...

This means that investors shouldn't expect Amazon to turn a $10,000 investment today into a cool $1 million by the summer of ...

HONG KONG -- Amazon is shutting down its AI Lab in Shanghai, the latest U.S. tech giant to retreat from China amid ongoing ...

Amazon has reportedly laid off several hundred employees from its cloud computing division, Amazon Web Services (AWS), as ...

Only a few weeks ago CEO Andy Jassy had warned employees to get acquainted with AI. He had also stated how the company would ...

Amazon Web Services has cut hundreds of jobs, following CEO Andy Jassy's indication that generative AI adoption would lead to ...

Key PointsAmazon and Microsoft are the two largest cloud computing companies.Microsoft Azure has been growing more quickly, but a strained relationship with OpenAI leaves some questions. Amazon's AWS, ...

Amazon confirmed layoffs in its AWS cloud division following a strategic review, saying the cuts were not primarily driven by ...

Amazon’s most recent earnings report saw its cloud department bring in $29.3 billion in Q1 2025, up 17 percent year over year ...

Amazon is expected to spend more than $100 billion on capital expenditures this year. AWS is slowly losing market share to ...