Amazon stock gained fractionally after the company announced a new division and leader focused on the tech giant's AI push.

Rohit Prasad is stepping down, while Amazon puts Peter DeSantis in charge of AI models, chips, and quantum computing.

CBS News reported that Amazon CEO Andy Jassy told employees in a memo that the company plans to lean heavily on generative AI. That means a smaller corporate workforce in the coming years. Amazon is ...

Amazon.com Inc. has taken a stake in the Colombian delivery company Rappi Inc., a strategic partnership that pairs the e-commerce giant’s retail and technology infrastructure with one of Latin America ...

Andy Jassy has worked at Amazon for 28 years. Noah Berger/Getty Images for Amazon Web Services “It comes back to this notion of wanting to operate like the world’s largest startup,” said Jassy, who ...

The billionaire Amazon founder disclosed a trading plan with the SEC in a filing Friday. By Alex Weprin Senior Editor Amazon founder and executive chairman Jeff Bezos is planning to sell some of his ...