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(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 ...
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 ...
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 AMZN-8.27%decrease; red down pointing triangle.com named company veteran Matt Garman to succeed the head of its cloud-computing division, shaking up the leadership of its main profit engine ...
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 ...
July 31 (Reuters) - Amazon.com (AMZN.O) on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing ...
In response, Amazon's cloud computing division, Amazon Web Services (AWS), has designed its new AI technologies to help companies develop their own chatbots and image-generation services (such as ...
Amazon Web Services launched Quantum Embark, an advisory program that aims to prepare customers for society’s shift towards quantum computing. The program—which builds upon the company’s ...
Today, Amazon Web Services (AWS) is the largest cloud computing provider in the world, with nearly 30% market share.
Ofcom said on Wednesday it was “particularly concerned” by the practices of Amazon Web Services and Microsoft, which together control between 60 and 70 percent of the UK cloud market.
Today, Amazon Web Services (AWS) is the largest cloud computing provider in the world, with nearly 30% market share. AWS is also both Amazon's most profitable segment and fastest-growing, with ...
STOCKHOLM, Oct 25 (Reuters) - Amazon (AMZN.O) Web Services (AWS) said on Wednesday it will launch a sovereign cloud in Europe for government and customers in highly regulated industries.