The deal strengthens AWS's AI offerings and may help fend off challenges from cloud rivals Microsoft and Google.

Amazon (NASDAQ: AMZN) recently launched a new website for Alexa+, the latest iteration of its AI chatbot. While it's only available to a limited number of early access users, the eventual goal for the ...

Amazon invests $50B in OpenAI and expands AWS deal to $138B. Analysis of stateful runtime, Frontier distribution, Azure ...

Amazon shares plunged 12% in February as investors grow skeptical of the company's $200-billion AI spending bet.

Shares of the e-commerce and cloud computing giant plunged 12% in February, their worst month since December 2022, as Wall Street takes an increasingly jaundiced view of the company’s aggressive AI ...

Amazon's new AI chief Peter DeSantis focuses on cost-cutting with in-house Trainium and Inferentia chips as stock drops 8% ...

Amazon has become a lightning rod in the growing debate about AI layoffs. As headlines circulate about job cuts across Big Tech, many people assume a simple cause-and-effect: artificial intelligence ...

What happens when a tech giant known for its relentless innovation sets its sights on disrupting one of the most lucrative markets in artificial intelligence? Amazon’s latest move with its Tranium 3 ...

OpenAI is spending $38 billion over seven years to use Amazon's cloud. The two companies may have another deal in the works, with Amazon potentially making a $10 billion investment in OpenAI. Amazon ...