Amazon’s third-quarter profit jumped 38% to $21.2 billion, boosted in part by a $9.5 billion paper gain on its investment in ...

Alphabet Inc. and Amazon.com Inc. were rewarded by investors for reporting better-than-expected third-quarter profits. At ...

Amazon.com said on Wednesday it has launched its compute cluster project called Rainier, and added that artificial ...

Amazon’s largest AI data center is now operational in New Carlisle, Indiana, with half a million AWS Trainium 2 chips ...

Amazon said it has completed its Project Rainier data-center cluster, which is powered by nearly 500,000 of the company’s ...

Amazon said in a press release Wednesday that Anthropic is using 500,000 of its Trainium2 chips for its Claude AI models as ...

Tech giants Google and Amazon are reaping substantial paper profits from their AI investments in Anthropic. Alphabet's Q3 earnings surged by $10.7 bi ...

First announced in December 2024, Amazon (AMZN) officially opened its $11B Rainier data center project in Indiana on ...

Amazon reported its third quarter earnings after the bell on Thursday, beating on the top and bottom lines as its cloud ...

Amazon has launched its AI compute cluster project Rainier, which will use more than one million Trainium2 chips to power Anthropic’s Claude model by the end of 2025.

Amazon shows strong AWS growth with AI initiatives and robust e-commerce, but free cash flow remains pressured. Check out why AMZN stock is downgraded to hold.

On Wednesday Amazon announced the completion of its data-center initiative Project Rainier, which will primarily be used to ...