While demand for AI computing remains high, the economics are deteriorating for Amazon and Microsoft, which now must spend ...
Amazon's cloud services unit, that hosts applications and computer processes for companies around the world, was hit by an ...
The bloc's executive Commission said Tuesday that it's assessing whether Amazon Web Services and Microsoft Azure should be ...
Amazon and Microsoft cloud services could face stricter EU competition rules after Brussels on Tuesday launched probes to ...
The European Commission opened three investigations into cloud computing under the Digital Markets Act, honing in on Amazon.com and Microsoft's popular services.
The 22TB equates to roughly 5,500 hours of HD video, 440,000 photos at 5MB each or your entire Steam library a few times over ...
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Microsoft MSFT shares have gained 17.9% year to date, outperforming the S&P 500, driven primarily by robust demand for its ...
Amazon's share price skyrocketed by more than 10 percent on Thursday (US time) after the online retail behemoth reported better than expected earnings, powered by surging demand for its cloud ...
Amazon posted robust third-quarter earnings, driven by the continued strength of its cloud unit. Increasing demand for AI and enterprise services lifted revenue and overall profitability. The ...
(Bloomberg) --Amazon.com Inc. posted robust cloud growth that reassured investors that the tens of billions of dollars the company and its peers are pouring into artificial intelligence will pay off.