The European Union is considering stricter scrutiny for Amazon and Microsoft's cloud businesses. The EU's executive ...
Amazon has faced pressure from investors to tighten its finances as it spends big on the AI race. The company says it will ...
Focusing on technology giants with durable competitive advantages can be a smart way to invest in the current challenging ...
Amazon’s cloud business, Amazon Web Services, or AWS, reported revenue of $23.06 billion in the third quarter. This marked a 12.28% year-over-year gain and a 4.15% quarter-over-quarter increase.
The e-commerce giant said Amazon Web Services is growing at its fastest rate since 2022, driven by AI. Shares surged in after-hours trading.
The demand for Oracle's cloud infrastructure is booming, thanks to AI. The tech giant is quickly adding more capacity to ensure that it can corner a bigger chunk of the lucrative opportunity in the ...
April 10 (Reuters) - Amazon.com's (AMZN.O), opens new tab Amazon Web Services, the world's largest cloud-service provider, owes tech company Kove $525 million for violating its patent rights in ...
A major cloud outage Monday disrupted services across the globe, offering a reminder of how dependent we are on just a few tech giants. “Amazon Web Services is one of the foundations of the modern ...
Amazon's two core growth engines sputtered out over the past year. DigitalOcean continues to grow in its niche market of SMB cloud services. One of these stocks is more underappreciated than the other ...