AWS re:Invent, one the premier events in the cloud industry, serves as a platform for Amazon Web Services (AWS) to introduce new services, capabilities, and enhancements to its extensive portfolio. The 2024 event kicked off on Monday, December 2, with a ...

“AWS is growing at a pace we haven’t seen since 2022, re-accelerating to 20.2% YoY,” Andy Jassy, the president and CEO of Amazon, said in the company’s earnings announcement. “We continue to see strong demand in AI and core infrastructure, and we’ve been focused on accelerating capacity — adding more than 3.8 gigawatts in the past 12 months.”

Amazon.com Inc. posted robust cloud growth that reassured investors that the tens of billions of dollars the company and its peers are pouring into artificial intelligence will pay off.

Every time Erica publishes a story, you’ll get an alert straight to your inbox! Enter your email By clicking “Sign up”, you agree to receive emails from ...

Amazon said Wednesday it’s cutting hundreds of jobs in its cloud computing unit AWS as part of a strategic shift. The Seattle-based company will trim “a few hundred roles” in the team that overlooks technology for physical stores, a move that comes ...