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Amazon Makes Historic Bet on AI: $4 Billion Fuels Anthropic’s Generative Engine

AI investments have skyrocketed in the last three years, with tech giants placing their bets on the transformative power of generative artificial intelligence (AI). The most recent milestone in this trend is Amazon's $4 billion investment in Anthropic. With...

Amazon Q3 2023: Smashing Records with Soaring Profits, but AWS Leaves Analysts Wanting More

Amazon.com, Inc. (NASDAQ: AMZN) recently unveiled its financial results for its third quarter ended September 30, 2023. The global retail giant showcased its unwavering dominance in the business world, smashing revenue expectations and achieving unprecedented milestones in operating and...

Global Cloud spending grew 19% YoY in Q1 2023 despite cost-cutting measures taken by organisations

The realm of global Cloud Computing remains a robust and rapidly expanding market within the technology sector, witnessing a substantial migration of numerous companies worldwide to the cloud. Consequently, there has been a notable surge in expenditure on cloud...

Amazon, Google And Microsoft Are Extreme Angry With TRAI

The big three of the tech industry - Amazon, Microsoft And Google - seems to be quite annoyed. Cloud Service Providers such as Google Cloud, Amazon Web Services, Microsoft, IBM, and VMWare are protesting against the recent decision of TRAI....

Amazon Web Services Revenue by Year

The above graph represents the Amazon web services revenue by year, starting from fiscal 2014 to the recently completed year. The contribution of Amazon Web Services (AWS) to the company's overall revenue has been increasing by each passing year....

Amazon Annual Revenue by Products & Services Group

The above graph represents Amazon annual revenue by groups of products and services offered by the company, starting from fiscal 2014 to the recently completed year. Amazon 2019 revenue reached an all-time high of $280,522 million, globally. More than...

Amazon Annual Revenue by Segment: FY 2001 – 2020

The above graph represents Amazon annual revenue by segment, starting from fiscal 2001 to 2020. The company's operations are divided into three reportable segments: North America, International and Amazon Web Services (AWS). Amazon annual revenue increased an appreciable 20.5% YoY in...

Amazon Quarterly Revenue by Products and Services Group

The above graph represents the quarterly distribution of Amazon revenue by groups of Products and Services. Interestingly, Amazon's online stores accounted for 52% of the company's total revenue generated in Q4 2019. The total net sales from online stores...

Amazon Web Services Revenue by Quarter

The above graph represents Amazon Web Services revenue by quarter and its contribution to the company's overall quarterly revenue. Amazon's revenue from cloud computing business has constantly been increasing over the last few years, despite the declining YoY growth....

Amazon Quarterly Revenue by Segment

The above graph represents Amazon quarterly revenue by segment, starting from fiscal Q1 2000 to the most recent quarter. Currently, the company has three reportable segments: North America, International, and AWS. The North America segment accounted for a whopping...
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Adani’s Acquisition of Paytm Will Redefine the Equations in India’s Fintech Sector

Adani is in talks to acquire Paytm! Adani Group is reportedly eyeing a stake in Paytm's parent company, One97 Communications...
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