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CEO Andy Jassy’s campaign to flatten Amazon’s middle management is raising fears among staff of lean years and fewer promotions, as old career ...
(Bloomberg) -- Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to invest some $100 billion this year, with most of the money ...
(Bloomberg) -- Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs. Now both could be in question. Disappointing results from ...
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Amazon, Like Microsoft, Says It Can’t Keep Up With AI Demand Company likely to invest $100 billion in 2025 capital expenses Cloud unit sales increase 19% for the third straight quarter ...
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
It erased a whopping $589 billion off US chipmaker Nvidia’s market capitalization – the largest single-day drop in the history of the US stock market, according to Bloomberg. Amazon also this ...
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Amazon’s AI products include “its own set of Nova models, Trainium chips, a shopping chatbot, and a marketplace for third-party models called Bedrock,” noted Bloomberg. Amazon sees great ...
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