The American company Amazon has announced an ambitious plan to invest A$20 billion (US$12.97 billion) between 2025 and 2029 to expand, operate, and ...
15.06.2025
Amazon News
Founded in 1994 by Jeff Bezos, Amazon.com, Inc. began as an online bookstore and has since become a global e-commerce and cloud computing giant. In 2024, Amazon reported revenue of $638 billion, reflecting an 11% year-over-year growth. The company's cloud division, Amazon Web Services (AWS), remains a significant revenue driver, complemented by its expansive e-commerce operations. Under CEO Andy Jassy, Amazon is investing in artificial intelligence, with over 1,000 generative AI applications in development. Innovations like the Trainium2 chips aim to enhance AI efficiency and reduce costs. Amazon's continuous focus on customer experience and technological advancement solidifies its position as a leader in multiple sectors.
What’s particularly exciting is how Amazon is building its own chips to drive this next wave. CEO Andy Jassy spotlighted Trainium2, the company’s custom AI chip, which delivers 30–40% better price-performance. That’s a big deal in an industry where compute costs can make or break accessibility. On top of that, Amazon is pushing forward with Project Kuiper, its satellite internet initiative, aiming to bring low-latency connectivity to underserved regions. It’s not just about AI—it’s about building the infrastructure for the future. From chips to space, Amazon is playing a long-term game that’s less about flash and more about function, aiming to dominate both how data moves and where it’s processed.
13.06.2025
Amazon and Walmart, two of the world’s largest retail companies, are reportedly evaluating the issuance of their own US dollar-backed ...
14.05.2025
Amazon.com Inc. (NASDAQ: AMZN) is currently trading at $211.16, experiencing a minor decline of 0.1% over the past 24 hours. Despite this marginal ...
13.05.2025
Amazon.com Inc. (NASDAQ: AMZN) has shown a robust upward trend, with the stock now firmly above its 50-day and 200-day moving averages. ...
09.05.2025
As of May 9, 2025, Amazon.com Inc. (NASDAQ: AMZN) is trading at $192.08, reflecting a 1.79% gain on the day. The stock has been consolidating within ...
07.05.2025
Amazon.com Inc. (NASDAQ: AMZN) is currently trading at $185.01, reflecting a 0.69% decline from the previous close. The stock has formed a rising ...
06.05.2025
As of May 6, Amazon stock is trading at $186.35, down 1.9% in the past 24 hours. The recent decline comes amid growing technical signs of a ...
02.05.2025
As of May 2, Amazon stock is trading at $190.20, up 3.1% in 24 hours. The stock showed notable buying interest following a better-than-expected ...
09.11.2023
U.S. e-commerce platform Amazon is investing millions of dollars to develop and train an ambitious LLM model that will be able to compete with ...
12.10.2023
Amazon's second-quarter earnings beat analysts' forecasts. This was driven by a 4.2% year-over-year increase in online retail sales. Amazon stock is ...
25.09.2023
Amazon, the largest e-commerce company, is planning to invest a whopping $4 billion in Anthropic, a competitor of OpenAI. In doing so, Amazon will ...
20.09.2023
Amazon recently unveiled its new Supply Chain by Amazon service, which is intended to help sellers throughout the supply chain process. With this ...
14.09.2023
Amazon stock continues to trend higher amid news that the company is launching a new logistics service that will manage the delivery of goods from ...
12.09.2023
Despite Amazon's massive market cap, its stock is still in high demand among investors. With a market cap of $1.4 trillion, Amazon is one of the ...
30.08.2023
Demand for shares of tech company Amazon has been steadily increasing. Many investors are looking to buy AMZN, as recent market research confirms their ...