Tech giant Amazon (AMZN) is now offering access to DeepSeek’s low-cost, open-source artificial intelligence training models, among other models
Amazon (AMZN) is set to report earnings next Thursday, February 6, with the e-commerce giant expected to provide updates on its artificial intelligence (AI) initiatives. Maxim Group managing director and senior consumer internet analyst Tom Forte joins Seana Smith and Josh Schafer on Catalysts to discuss why Amazon is his top pick among the mega-cap tech names.
Companies investing in AI won't reap "superior returns" without cultivating philosophical insight, say MIT researchers.
Goldman Sachs has hired Daniel Marcu from Amazon.com as its global head of artificial intelligence engineering and science to help develop and refine artificial intelligence platforms and products, according to a memo seen by Reuters.
Amazon bought hundreds of acres of land in Ohio to build a massive data center. Are server farms and data centers different? Let's take a look.
The S&P 500 index hit a new all-time high over 50 times in 2024, and many companies' valuations are very high. However, Amazon's stock price is still reasonable. Based on the abovementioned cash flow and earnings, it trades below five-year historical averages, as shown below.
DeepSeek’s AI breakthrough challenges Big Tech with a cheaper, efficient model. This may be bad for the incumbents, but good for everybody else.
Amazon would rather you try clothes on virtually instead of testing their fits at home. The company is officially retiring its “Try Before You Buy” program at the end of January, and in its place, Amazon wants you to trust its AI tools to find your perfect fit.
Microsoft's Azure cloud growth slows while Amazon's AWS expected to excel in AI-driven services. AWS has edge with stable pricing and strong demand.
In today's Tech Bytes, Amazon is raising prices for its music streaming service. ABC's Rhiannon Alley explains the details. Individual monthly plans are up $10 a month, $99 for yearly plans, and famil
A fresh quarterly earnings season is underway in corporate America. Amazon (NASDAQ: AMZN) will release its report for the fourth quarter of 2024 (ended Dec. 31) next Thursday, Feb. 6. Despite Amazon being the world's biggest e-commerce company,
Shares of Amazon (NASDAQ: AMZN) slipped marginally on Wednesday, losing -0.31%. But the big news for the company came on Tuesday as the stock hit its all-time high price of $241.77. That momentum is reflective of investor sentiment heading into the Amazon’s Feb.