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Amazon Surpasses Market Expectations as Cloud Business and AI Investments Drive Strong Growth
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Fri, 31 Jul 26Fri, 31 Jul 26WORLD

Amazon Surpasses Market Expectations as Cloud Business and AI Investments Drive Strong Growth

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Amazon has delivered stronger-than-expected financial results, driven largely by rapid expansion in its cloud computing business and increased investments in artificial intelligence technologies. The company’s performance has highlighted the growing importance of cloud infrastructure and AI services as major drivers of growth in the global technology industry. The company’s cloud computing arm, Amazon Web Services...

AWS Reassures Customers After Billing Glitch Produces Multi-Trillion-Dollar Invoice Errors
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Sat, 18 Jul 26Sat, 18 Jul 26WORLD

AWS Reassures Customers After Billing Glitch Produces Multi-Trillion-Dollar Invoice Errors

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Amazon Web Services (AWS), one of the world’s largest cloud computing platforms, has moved quickly to reassure customers after a technical issue caused some users to receive invoices displaying extraordinarily high amounts—reportedly reaching as much as $1.5 trillion. The incident triggered widespread concern among businesses and developers who depend on AWS for critical cloud infrastructure,...