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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, ...
Amazon’s most recent earnings report saw its cloud department bring in $29.3 billion in Q1 2025, up 17 percent year over year ...
SAN FRANCISCO] Amazon cut jobs in its Amazon Web Services cloud computing unit on Thursday (Jul 17), a spokesperson confirmed following a Reuters inquiry. Read more at The Business Times.
Amazon confirmed layoffs in its cloud computing unit, AWS, and employees are trying to determine which teams were affected.
Amazon Web Services has cut hundreds of jobs, following CEO Andy Jassy's indication that generative AI adoption would lead to ...
Though Amazon insists the layoffs are not directly tied to its heavy investments in artificial intelligence, they come at a ...
While best known for its e-commerce operations, Amazon basically invented the cloud computing industry due to its own struggles trying to scale up its infrastructure. Today, Amazo ...
Amazon.com Inc.’s (AMZN) cloud computing unit, Amazon Web Services, has reportedly laid off employees in its cloud computing ...
Amazon.com, Inc.'s Q1 '25 earnings shine with AWS and ads growth, yet tariff challenges loom. Click for how AI investments & spending trends shape AMZN's outlook.
Amazon's cloud computing unit said the investment, which will be made over five years by 2028, will go to the construction, operation and maintenance of data centers as well as cover operating ...
Both Amazon (NASDAQ: AMZN) and Microsoft (NASDAQ: MSFT) saw strong growth in their cloud-computing business units in 2024. While Microsoft's Azure saw the higher revenue growth, it was Amazon's ...