Matt Day

Matt Day 2 min read In This Article (Bloomberg) -- Amazon.com Inc. projected profit and revenue in the current quarter that exceeded analysts' estimates on optimism for a strong holiday shopping season.

Microsoft Corp, which is struggling to bring data centres online fast enough to meet demand for its artificial intelligence products, hired one of the engineering chiefs who kept Facebook's infrastructure humming.

Microsoft Corp, which is struggling to bring data centers online fast enough to meet the demand for its artificial intelligence products, hired one of the engineering chiefs who kept Facebook's infrastructure humming.

Amazon.com Inc. reported strong results that showed a company humming on all cylinders, a testament to its efforts to cut and reallocate costs and put the cloud computing and e-commerce giant on sounder footing.

Amazon Inc. said it’s committed to building a data center campus adjacent to a Pennsylvania nuclear plant after the top US energy regulator rejected a special deal to power the facility.

Amazon.com Inc. has launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for rock-bottom prices.

Amazon.com Inc. has launched an online storefront designed to compete with Temu, the low-cost shopping app that gained traction with shoppers who trade longer shipping times for rock-bottom prices.

Amazon Inc. is boosting its stake in OpenAI rival Anthropic, builder of the Claude generative artificial intelligence software.

Matt Day 2 min read In This Article (Bloomberg) -- Amazon.com Inc. is investing an additional $4 billion in artificial intelligence startup Anthropic, boosting its stake in one of OpenAI's chief rivals.

The funding deal includes provisions that Anthropic use Amazon Web Services data centres for some of its computing needs, as well as AWS-designed AI chips.