CNBC's Kate Rooney joins 'The Exchange' with breaking news about Amazon.

The head of Amazon's AWS cloud computing business, Adam Selipsky, who was helping lead the company's expansion into AI, told workers he was stepping down Tuesday.

Amazon.com Inc (NASDAQ:AMZN) fell on Tuesday as news broke its Web Services chief executive, Adam Selipsky, was to step down in June. Having initially joined the company in 2005, Selipsky will leav...

The tech giants are continuing to dedicate tens of billions each towards AI infrastructure, and overall were broadly optimistic over the opportunities that generative AI brings to growth. Big Tech ...

The head of Amazon's most profitable and fastest-growing division will leave the company on 3 June after three years

Adam Selipsky, chief executive officer of Amazon Web Services, is stepping down in June.

The company announced Tuesday that Matt Garman, who leads sales and marketing for the Amazon Web Services business, will take over as that unit's chief executive, starting June 3.

Adam Selipsky, CEO of Amazon's cloud computing business, will step down from his role next month, the company announced.

The chief executive of Amazon.com's cloud unit Amazon Web Services, Adam Selipsky, is stepping down, the company said on Tuesday.

The stock market rebounded last week, igniting hopes of a sustained rally. However, in contrast to the previous AI-powered rally, the spotlight is now on recession-proof stocks.

Amazon is the most trusted institution in the United States. AWS is shoring up its position as the leader in cloud computing by partnering with Nvidia to run next-gen AI servers.

It may seem odd to say at first, but among the “Magnificent Seven” stocks, one can argue that Amazon (NASDAQ: AMZN ) is one of the quieter of the bunch. Although the tech behemoth is hardly in hidi...

Anthropic, an AI startup supported by Amazon, announced the European launch of its AI assistant, Claude, available via web and iPhone app starting on Tuesday. Claude Pro, a subscription service pro...

Artificial intelligence (AI) startup Anthropic has launched its AI assistant Claude in Europe. The web-based version Claude.ai, the Claude iOS app, and the subscription-based Claude Team plan that ...

Anthropic says that, starting Tuesday, individuals and businesses in Europe will be able to access its Claude chatbot through the web and via an iOS mobile app.