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AWS REVENUE GROWTH
Amazon to boost spending on AI and other technology by $20 billion after strong Q2 resultsThe Seattle-based company said Thursday that sales in its cloud computing unit called AWS rose 37% during the April-June period, faster tha...
US stocks: Amazon beats estimates for quarterly cloud revenue growthAmazon Web Services cloud revenue surged significantly, surpassing market forecasts. This strong performance was fueled by increased enterp...
Amazon Web Services India net profit jumps over 10-fold to Rs 242 cr in FY26In FY26, Amazon Web Services India experienced a remarkable increase in its consolidated net profit, soaring over tenfold to reach Rs 242.8...
Atomberg's funding plans; Neocloud firms eye India capacityHappy Wednesday! Atomberg Technologies is in talks to raise funding for its engineering arm ahead of a public listing. This and more in tod...
Analysis-AI investment boom puts Big Tech's free cash flow under pressureBig tech firms are investing heavily in artificial intelligence infrastructure. Their capital expenditures may soon exceed free cash flow g...
In a big sovereignty push, Google Cloud to host its latest AI models in India: Global chief Thomas KurianGoogle Cloud, which has an annual revenue run rate nearing $80 billion, is establishing a specialised hub of “forward deployed engineers” i...
Amazon will look at acquisitions, continue to work with govt on expanding AI capabilities: Andy Jassy, CEOAmazon is significantly boosting its India investment, committing an additional $48 billion by 2030, bringing the total to nearly $90 billi...
Kunal Shah’s WhatsApp win; India bourses insulated from AI boomIn bagging the top job at WhatsApp, Cred’s Kunal Shah has done what no Indian entrepreneur could do. This and more in today’s ETtech Top 5.
AI boom heading for a dot-com-style bust? ‘Dean of Valuation’ Aswath Damodaran warns correction could be more painful than 2008Global finance expert Aswath Damodaran warns AI's massive infrastructure spending, funded by debt, poses a greater risk than the dot-com cr...
Amazon in talks to sell custom AI chips in bid to cut Nvidia’s dominanceAmazon is planning to sell its custom artificial intelligence chips to other companies. This move aims to compete with Nvidia's strong hold...
West Bengal's electronics factory push; Fed jitters hit TCSWest Bengal is exploring ways to expand electronics manufacturing under EMC 2.0. This and more in today's ETtech Top 5.
How Larry Ellison, Masayoshi Son, Michael Saylor AI crypto billionaires reshaping legacy wealth in 2026 markets shift?Oracle’s AI cloud surge, SoftBank’s OpenAI-backed rebound, and MicroStrategy’s Bitcoin strategy reflect a new billionaire era. Over $1 tril...
Pinterest deepens Amazon partnership with $4 billion cloud dealPinterest is investing heavily in its future with Amazon Web Services. The social media company will spend four billion dollars on cloud se...
US stocks: Pinterest deepens Amazon partnership with $4 billion cloud dealAmazon.com's cloud computing unit will provide Pinterest its custom chip processors, including Graviton and Trainium, to help scale its AI ...
Cars24 launches AI lab, commits $20 million to AI, early-stage startupsCars24 is launching Cars24 Labs, a new initiative backed by a $20 million investment. This program will focus on developing artificial inte...
Snowflake boosts forecast, signs $6 billion AWS deal as enterprise AI adoption growsSnowflake has boosted its annual product revenue forecast. This rise is driven by increased enterprise spending on AI applications. Compani...
What the OpenAI-AWS partnership means for enterprisesOpenAI's Codex model is now available on Amazon Bedrock, a generative AI service from AWS. This integration allows businesses to leverage p...