SAN FRANCISCO (Reuters) -Amazon cut at least hundreds of jobs in its Amazon Web Services cloud computing unit on Thursday, two sources said, just a month after CEO Andy Jassy warned that adoption of ...
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Amazon shares fall on weak cloud growth while rivals Google, Microsoft thrive: ‘Very disappointing’
Amazon on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...
The only way CoreWeave becomes the next AWS is if it becomes profitable, which may be a few years from now. CoreWeave must continue signing new clients to its servers in order to maintain investor ...
(Reuters) -Amazon.com on Thursday forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily ...
Amazon said sales at its cloud-computing service increased 37%, roughly in-line with what analysts expected. Amazon Web Services is the leading cloud-computing service for businesses around the world ...
Alibaba said revenue rose 2% year-on-year to 247.65 billion Chinese yuan, coming in below analyst expectations. Growth at Alibaba's cloud computing unit accelerated, while the company said AI-related ...
Amazon and Microsoft are the biggest cloud computing companies by market share. Amazon is starting to see its cloud computing revenue accelerate, which should continue into 2026. Microsoft's Azure has ...
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