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

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

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

Indiana that will run artificial intelligence models for Anthropic PBC. CNBC reported the milestone today. The campus, which ...

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

Amazon announced earnings per share of $1.95, exceeding the expected $1.57—a 25% surprise that caught Wall Street completely ...

Project coming online last week beat Amazon competitors into the market, and total investment may eventually exceed $11 ...

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.

For Amazon, which has struggled to compete in the AI age, the deal is an endorsement of its ability to build and run enormous ...

Amazon will report its quarterly earnings on Tuesday, following a massive AWS outage and amid concerns about its AI growth.