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Amazon shares soar as AI boom fuels stellar growth in AWS cloud unit
Amazon shares surged more than 11% in early trading on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race ...
Amazon, Microsoft, and Google—leads the cloud industry, creating a financial loop unmatched by other tech giants like Meta.
The AI infrastructure buildout has moved from speculation to reality, and two companies are positioned to capture the lion's share of spending.
Amazon.com Inc. posted robust cloud growth that reassured investors that the tens of billions of dollars the company and its ...
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100,000+ tech layoffs in 2025: Amazon, Microsoft, Intel, and these companies cut thousands of jobs
The tech industry is undergoing a seismic shift with over 112,000 job cuts in 2025, driven by AI adoption and economic headwinds. Giants like Amazon, ...
Amazon is projected to have almost 40 delivery fulfillment centers equipped with robots by the end of next year, resulting in an estimated cost savings of $4 billion per year.
Amazon slashed 4% of its 350,000-person global corporate workforce, marking one of the largest job cuts in the company's ...
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