Amazon reported its second quarter earnings on Thursday afternoon, with the company bringing in nearly $168 billion and ...

Operating profit will be $15.5 billion to $20.5 billion in the period ending in September, compared with an average estimate ...

During Amazon's earnings call, an analyst asked CEO Andy Jassy for his response to the notion on Wall Street that the company was falling behind on generative AI development. Jassy, in response, said ...

The Deutsche analysts said it's "become abundantly clear" that Amazon has gained a greater share of the U.S. e-commerce ...

Amazon CEO Andy Jassy said that there was still "more demand than we have supply for" at the moment for its massive cloud-computing segment. He said that in the next 10 to 15 years, more IT spending ...

Amazon reported a stronger-than-expected second quarter on Thursday, saying artificial intelligence played a major role in ...

Here are the highlights. What Happened: Amazon reported second-quarter net sales of $167.7 billion, up 13% year-over-year.

I think that AI and generative AI specifically is the most transformative technology of our lifetime, which is saying a lot, given that we have had the internet,” he told CNBC.

Amazon CEO Andy Jassy told employees that AI will reduce head count as the company gets "scrappier." Management commentators say his memo might open the floodgates for more AI job-loss talk.

Amazon CEO Andy Jassy said the quiet part out loud this week, predicting AI will reduce its workforce. At least he’s honest about it, even if he trotted out the “free up workers for higher ...

Plus, Congress says no more office snack deductions, the best places to retire abroad and a Coldplay concert sparks office ...