Some tech executives warn that artificial intelligence (AI) will usher in mass waves of layoffs. Amazon Web Services (AWS) CEO Matt Garman is not one of them.
The Vanguard Consumer Discretionary ETF (NYSEARCA:VCR | VCR Price Prediction) and the Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY) track US consumer discretionary stocks, both are market-cap weighted, and both hold Amazon (NASDAQ:AMZN) and Tesla (NASDAQ:TSLA) as anchor positions.
Amazon's cloud division is at the center of the AI boom, powering companies building the next generation of AI models and agents. WSJ sat down with AWS CEO Matt Garman to learn more.
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RESTON, Va.--(BUSINESS WIRE)---- $AMZN #AI--Johnson Technology Systems Inc (dba: JTSi) is pleased to announce it was awarded a contract/s for the United States Missile Defense Agency Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) indefinite-delivery/indefinite-quantity (IDIQ) contract with a ceiling of $151B. This contract encompasses a broad range of work areas that allows for the rapid delivery of innovative capabilities to the war fighter with increased speed and agility. Johnson Technol.
Watch as the cloud-computing executive shows off Amazon's custom chips.
Amazon.com (AMZN, Financials) is facing a proposed class-action lawsuit from shoppers who say they paid higher prices on imported goods because of tariffs later
SAN FRANCISCO, May 18, 2026 (GLOBE NEWSWIRE) -- AI/R Compass UOL, a subsidiary of AI/R—a technology company specialized in Agentic AI Engineering— continues to expand the use of artificial intelligence across its engineering model, with a focus on making software development more efficient, predictable, and scalable. As part of this movement, the company has achieved the AWS DevOps Competency, a recognition granted by Amazon Web Services (AWS) to partners that demonstrate proven expertise in simplifying infrastructure provisioning and management, accelerating application delivery, and integrating monitoring, governance, and security practices throughout the entire engineering lifecycle.
MSFT rides on surging enterprise AI demand, with Azure growth and Copilot adoption accelerating despite rising capex and margin pressure.
Amazon announced the latest update to Alexa+ on Monday: the ability to generate podcast episodes on demand.