Amazon’s stock rises on the strength of AI, propelling the AWS cloud unit to phenomenal growth
Early Friday trading saw Amazon shares leap more than 11% as concerns that the internet giant was lagging behind its...
Amazon
In the third quarter, MercadoLibre’s profits increased by 6%
A push for free delivery in Brazil damaged margins but helped surpass revenue projections, while currency effects and decreased demand...
Anthropic’s Claude model will be powered by an AI infrastructure project launched by Amazon
The artificial intelligence company Anthropic will use over a million processors from the infrastructure by the end of the year,...
For the third year in a row, Amazon will hire 250,000 people over the holiday season
As the e-commerce behemoth gets ready for a spike in orders, Amazon said that it will hire 250,000 people for...
The NBA and Amazon collaborate on cloud-based AI services
The National Basketball Association (NBA) in the US and Amazon Web Services, the company's cloud division, launched a multi-year agreement...
Amazon acquires a stake in Colombian delivery company Rappi
According to Bloomberg, which cited unnamed sources familiar with the deal, the Colombian home delivery startup Rappi has been acquired...
To rival Instacart and Walmart, Amazon has added fresh food delivery to its services in the US
Amazon Prime members in the US can now receive same-day deliveries of strawberries, milk, meat, and frozen dinners, following the...
Nvidia is expected to surpass all previous companies in terms of value
As Wall Street redoubled its optimism regarding AI, Nvidia's market value reached $3.92 billion on Thursday, putting the chipmaker on...
Amazon and Talen Energy agree to use nuclear energy to power data centers
On Wednesday, U.S. utility Talen Energy announced an expanded nuclear power collaboration with Amazon that will allow it to supply...
Amazon is getting ready to test delivery humanoid robots
According to a person familiar with the situation, The Information said on Wednesday that Amazon is creating software for humanoid...
