Amazon's AWS bets $1 billion on new AI engineering unit built around a strategy Palantir pioneered more than a decade ago

Amazon Web Services, the cloud computing unit of Amazon.com Inc. AMZN, has declared a $1 billion investment in a novel ...
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Amazon Sees Strong Q1 Results Driven by Cloud-Computing Unit

NEW YORK — Amazon on April 30 reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service.
U.S. News & World Report

Amazon Tumbles After Cloud Computing Growth Disappoints Investors

(Reuters) -Amazon.com shares fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling behind Microsoft and Alphabet in the artificial intelligence race. Amazon ...