Snowflake commits $6B to Amazon Web Services over 5 years in latest AI infrastructure deal

Snowflake committed to spend $6 billion on AWS over five years, including the use of Amazon's custom Graviton processors. The ...

Several Billionaires Just Loaded Up on Amazon Stock

Amazon was one of the most popular stocks purchased by billionaires in Q1.

AWS launches Agentic Shopping Assistant to help retailers build AI tools

AWS Agentic Shopping Assistant, or ASA, combines several of the cloud giant’s AI products with professional services.  ASA is ...

Amazon Bolsters AI Production With 3 Animated Series Orders, Launches GenAI Creators' Fund

Amazon MGM Studios and Amazon Web Services (AWS) commemorated the launch of their new GenAI Creators' Fund Wednesday with the ...

Amazon offers its AI shopping tech to outside retailers in new phase of agentic commerce race

AWS is releasing the Agentic Shopping Assistant, a tool that lets retailers build AI shopping experiences using the same ...

Amazon Strikes $6 Billion Deal With Snowflake for Its Agentic Computing Chips

The cloud-storage company joins Apple and Meta as one of AWS’s largest customers for CPU-based computing. Snowflake shares ...

Snowflake rockets 36% on earnings beat and plan to spend $6 billion on Amazon cloud

Amazon said Wednesday that its cloud division has landed a $6 billion spending commitment from Snowflake, which includes the ...

Amazon Web Services outage enters second day. Here's what we know.

Coinbase, FanDuel, and Chartbeat all experienced issues due to the AWS outage.

Amazon Is Spending $200 Billion on AI Infrastructure. Here's What It Means for Investors.

Amazon is spending more than anyone else on data centers.
Forbes

Amazon Is Flying High, But Is It Now Overvalued?

Amazon Amazon Web Services is a major growth driver for Amazon in the thriving cloud services sector. Synergy in the other operating sectors could lead to further growth in the more traditional ...