By Aditya Soni and Kanchana Chakravarty (Reuters) -Amazon.com shares fell about 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling behind Microsoft and Alphabet ...

(Reuters) -Amazon.com shares dropped nearly 8% before the bell on Friday, after growth in its cloud computing unit failed to impress investors, in contrast to the robust gains reported by AI-focused ...

Amazon Web Services: Amazon has laid off hundreds of employees in its AWS cloud computing division, following CEO Andy Jassy's warning about workforce reductions due to the rise of generative AI ...

Cloud computing's reliance on AWS, Microsoft Azure, and Google Cloud creates hidden economic risks. Learn how market ...

Amazon Web Services launches genomics-focused cloud that can store, analyze petabytes of data By Andrea Park Nov 30, 2022 10:27am Amazon Amazon Web Services Cloud Computing Genomics ...

Amazon Web Services: Amazon's cloud computing unit AWS fails to meet high expectations, leading to a significant drop in stock prices, despite a forecasted increase in overall sales. Competition ...

Amazon Web Services has been the company's secret weapon, but recently growth has slowed to a crawl. The advent of cloud computing was a pivotal moment in technology.

Just weeks after landing a share of a multibillion-dollar cloud computing contract for the U.S. Department of Defense, Amazon Web Services Inc. has struck another major deal with the U.S. Navy.

But Amazon's most profitable segment, Amazon Web Services (AWS), continued to grow rapidly. The cloud-computing segment saw revenue increase 37% year over year during Q1.

SAN FRANCISCO (Reuters) -Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption ...

Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of generative AI tools would ...