OpenAI has come to terms on a massive 7-year, $38 billion deal with Amazon Web Services to secure cloud computing capabilities needed to power its suite of advanced AI tools such as ChatGPT and Sora.

The 15-hour disruption to Amazon Web Services, a cloud-based computing service, on Monday shook internet users around the world, disrupting everything from travel to financial transactions — and ...

Amazon Web Services has been the dominant force in cloud computing for over a decade, driving Amazon’s (AMZN) financial success. AWS’s profits have fueled Amazon’s growth, especially when retail ...

Cloud computing will benefit from the AI build-out over the long term.

As soon as online photo storage startup SmugMug Inc. heard about Amazon.com Inc.’s Simple Storage Service, an online data storage repository that debuted on March 14, 2006, “my eyes got all big,” ...

‘This contract provides for Amazon Cloud Service in support of the Air Force's Cloud One Program and their customers,’ says the U.S. Department of War in unveiling AWS’ new $581 million cloud contract ...

Amazon Web Services (AWS) has “returned to normal operations”, the company has said, following an outage that caused widespread chaos and again exposed the fragile foundations that today’s digital ...

Shares drop more than 7% after hours Cloud computing results lag big gains from Alphabet, Microsoft Cloud unit margins narrow to 32.9% from 35.5% a year earlier July 31 (Reuters) - Amazon.com (AMZN.O) ...

This is read by an automated voice. Please report any issues or inconsistencies here. People struggled to access social media app Snapchat, online game Fortnite, payments app Venmo and other popular ...

Don't misread the message. Amazon's cloud arm is doing OK. Revenue grew 20% year over year last quarter, pushing operating income up from $17 billion a year ago to nearly $21.6 billion this time ...