Amazon workers are reportedly using an in-house AI tool to automate unessential tasks. That's according to a Financial Times (FT) report Tuesday (May 12), which said this usage of artificial intelligence (AI) for non-essential tasks is a way for staff to demonstrate to management that they are turning to the technology more often.
Amazon's quick-commerce efforts are getting faster in some parts of the United States, according to a Tuesday (May 12) announcement. The eCommerce giant is expanding its Amazon Now service to several new cities following a pilot effort launched late last year.
More than 20 years after it redefined fast shipping, Amazon is preparing to raise the bar on consumer expectations again by offering to fulfill customers' most urgent product needs in a half-hour or less for an extra fee.
Amazon deliveries keep getting faster. On Tuesday, the online retailer announced the launch of its 30-minute delivery option, dubbed “Amazon Now,” in dozens of U.S. cities.
The cooldown period for the broad basket of AI stocks, especially the semiconductors, appears to have ended, thanks in part to the rise of agents and powerful frontier models like Anthropic's Claude Mythos.
AWS's Titus project accelerates AI data center deployments with new liquid-cooling systems. Amazon plans a record $200 billion in capital expenditures this year.
Amazon faces a proposed class-action lawsuit over claims it used software tactics to shorten the lives of older Fire TV Sticks without telling buyers.
This week kicks off media and tech giants' annual pitch to advertisers to buy spots for the year ahead. NBC, Fox, Disney and WBD, along with Amazon's Prime Video, Netflix and Google's YouTube will hold presentations, while Paramount just finished its round of pitches.
Tejal Rives had a side hustle while working at Amazon. When she was laid off from Amazon, she turned her attention to the business.
"This has been the best product launch in the last decade that we have seen."
Amazon delivered record Q1 results, with $181.52B revenue (+16.6% Y/Y) and $2.78 GAAP EPS, driven by AWS and Advertising strength. AWS backlog now exceeds $464B, covering a 2.4x revenue base, de-risking Amazon's $200B CapEx cycle, and supporting sustained high-margin growth. Advertising segment reached $70B in trailing revenue, growing 24% Y/Y, and is now Amazon's highest-margin business, targeting $90B+ by 2027.
On Meta's Q1 2026 earnings call, CFO Susan Li said the quiet part out loud.