Amazon's aggressive push into artificial intelligence is raising investor concerns over soaring capital spending, but analysts argue the strategy is aligned with surging cloud demand. As the company ramps up data center investments, metrics like backlog growth and improving productivity suggest the long-term payoff could outweigh near-term pressure on margins.
Amazon's aggressive AI investments are spooking investors — but one analyst believes they're necessary for the company to fulfill accelerating cloud demand.
Certain brands are reportedly having a harder time selling on Amazon these days. As The Information reported Tuesday (April 7), the eCommerce giant has in recent months brushed off requests from wholesale suppliers to increase what it pays for their products.
The world is focused on oil prices, but the geopolitical conflict in the Middle East is having a wider impact than you may think.
Billionaire investors loaded up on Amazon stock during Q4. AWS is a compelling reason to invest in Amazon today.
Globalstar's deal-premium debate is still front and center after the stock recently ripped to an 18-year high and traded near the mid-$80s last week, before any confirmed bid.
Matt Garman, CEO of Amazon Web Services, said the cloud infrastructure provider has teams working around the clock to keep its infrastructure operating in the Middle East. AWS data centers in Bahrain and the United Arab Emirates were damaged in drone strikes last month.
On Tuesday, Amazon announced that Uber was expanding its contract for AWS cloud services to run more of its ride-sharing features on Amazon's chips. Uber will particularly expand its use of AWS's Graviton (a low-power, ARM-based server CPU) and start a new trial testing Trainium3, AWS's Nvidia competitor AI chip.
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High-profile creators, including the owners of the H3 Podcast, are suing Amazon for allegedly deploying a sophisticated "extraction" scheme to use their copyrighted videos to train its Nova Reel AI.