For the quarter ending June 30, Amazon’s net sales rose a healthy 13% to top $167.7 billion, with North American sales rising 11% on a year-over-year (YoY) basis. Operating income also went up, ...

Amazon.com Inc. introduces OpenAI's advanced AI models to its cloud services, enabling businesses to utilize state-of-the-art ...

This is a juicy competitive move for both companies after AWS faced an onslaught of criticism over its progress with AI.

Currently, Amazon offers a $19.99 a month subscription for non-Prime members. Prime subscribers, which costs $14.99 a month ...

Amazon is restructuring its audio division, leading to 110 layoffs at Wondery and the departure of CEO Jen Sargent. The ...

(Some of) the numbers suggest Amazon is falling behind in AI. For any investors who've not yet heard (or as a refresher for ...

Amazon's cloud computing division, Amazon Web Services, reported revenue that beat estimates, but Wall Street was underwhelmed by the growth. The company's share price fell by more than 8% on Friday ...

Amazon’s net sales increased 13% to $167.7 billion in the second quarter, compared with $148 billion in the prior year period ...

Google DeepMind CEO Demis Hassabis believes AI may surpass doctors in diagnosis but won't replace nurses, highlighting the ...

Beyond internal efforts, Google is bolstering its AI push through acquisitions. In July, the company acquired high-profile AI ...

Google DeepMind CEO Demis Hassabis says AI could replace some doctor tasks but will never replace nurses due to the human ...

Coming alongside last week’s ‘least surprising revelation’ that Amazon Web Services (AWS) market dominance is not healthy, ...