Amazon's stock has been falling amid concerns of heavy spending on artificial intelligence this year.

Amazon plans up to $50 billion OpenAI investment, tied to IPO plans or achieving artificial general intelligence milestone.

It is the latest commitment from the tech company as it seeks to cash in on unrelenting demand for artificial intelligence.

Alphabet is planning to spend heavily on AI infrastructure this year as well, projecting to spend up to $185 billion. Alphabet's massive advantage in internet advertising means that even with that ...

Amazon’s new artificial intelligence czar, Peter DeSantis, is a larger-than-life figure within the company.

Amazon confirmed 16,000 corporate job cuts on Wednesday, completing a plan for around 30,000 since October, while leaving open the possibility of further reductions. Reuters first reported last week ...

Amazon Web Services is launching Amazon Connect Health, an agentic artificial-intelligence service aimed at cutting down on administrative burdens in healthcare.

Shares of the e-commerce and cloud computing giant plunged 12% in February, their worst month since December 2022, as Wall Street takes an increasingly jaundiced view of the company’s aggressive AI ...

OpenAI is spending $38 billion over seven years to use Amazon's cloud. The two companies may have another deal in the works, with Amazon potentially making a $10 billion investment in OpenAI. Amazon ...

AI’s soaring energy demand is pushing Microsoft and Amazon toward nuclear power, reshaping data center strategy, electricity ...

Artificial intelligence is the most exhaustively covered technology since the dawn of the internet. As any tech editor will tell you, it can be challenging to find stories about AI that are not merely ...