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Amazon

Andy Jassy on AWS’s slowdown and AI’s “three layers”

“It's not all customers deciding to shut down workloads” says Amazon's CEO as cloud growth drops to 12% -- with the company saying customers are recognising that AI costs can also spiral.

Amazon says AWS users are focused on 'optimising' as growth is sluggish

AWS growth was uncharacteristically slow this quarter as customers remain focused on optimising their current setups, but execs believe that help could be on the was as more companies look to integrate its AI tools

Opinion: The Big Hallucination

People are too credulous about AI outputs, and it’s about to get even more complicated.

AWS generated Amazon $80.1 billion in 2022 but the wheels are wobbling as profits slump

"We're trying to build a set of relationships in business that outlast all of us"

Amazon to sack 18,000; taps $8bn loan. CEO Jassy: “We’ll be scrappy”

Amazon is cutting over 18,000 jobs, CEO Andy Jassy has confirmed – saying he was pressed into revealing the news before contacting employees “as one of our teammates leaked this information externally.” The majority of the 18,000 Amazon job cuts will be concentrated in Amazon Stores and HR, including

Amazon to lay off 10,000: Reports

Amazon customers are assessing "purchasing power... evaluating their technology and advertising spend.”

Google Cloud losses slump to $858 million

Wasn't cloud meant to be a cash machine? Alphabet executives say they're unconcerned...

More than a gimmick? Alphabet's Wing makes record 50k drone deliveries in Q1

Wing now delivers in Texas, Virginia, Finland and Australia - but not the UK.

Amazon gears up to launch 3,236 satellites under $10B Project Kuiper

"The largest commercial procurement of launch vehicles in history..."

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