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Beyond Nvidia: Why AI giants like OpenAI, Google and Amazon are building custom chipsThe AI race is heating up as tech giants like OpenAI, Google, Amazon, and Microsoft design their own chips to optimize AI operations. This ...
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...
EU targets Amazon, Microsoft cloud units for Big Tech 'gatekeeper' rulesEU antitrust regulators are eyeing Amazon and Microsoft's cloud services, AWS and Azure, as potential 'gatekeepers' under new tech rules. T...
Amazon to invest additional $13 billion in India AI, cloud infrastructure by 2030Amazon is injecting an additional $13 billion into India's AI and cloud infrastructure by 2030, bringing its total planned investment to ov...
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 points to water conservation steps in India amid data centre scrutinyAmazon has achieved a significant water conservation milestone in India, becoming "water positive" a year ahead of schedule. This means the...
IndAI sovereignty, a fable: Frontier AI is now a geopolitical tool — India must leverage its market accessibilityIndia faces a critical juncture as powerful AI models are restricted by the US. This move impacts the security of India's digital infrastru...
Amazon to expand automation use in inventory management at India fulfilment centresIn an interview with PTI, Amazon Robotics Chief Technologist Tye Brady said the company already uses several automation solutions in its In...
KKR launches $10 billion AI infrastructure company with Nvidia, VistraThe Kuwait Investment Authority, AI chip giant Nvidia and utility firm Vistra are anchor investors in the company, called Helix Digital I...
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...
Amazon's Chile data center moves ahead after residents lose environmental challengeResidents near Santiago, Chile, are concerned about a new Amazon data center. They fear its impact on a cherished local hill and potential ...
In 1994, Jeff Bezos Quit Wall Street: Started Selling Books Online and Built Amazon Into One of the World’s Most Powerful CompaniesLeaving Wall Street, Jeff Bezos saw immense potential in the burgeoning internet, launching an online bookstore from a garage. Despite earl...
Saudi AI firm Humain launches enterprise AI initiative with Amazon Web ServicesSaudi AI firm Humain is partnering with Amazon Web Services (AWS) on a new initiative called Humain One. This platform aims to speed up the...
Massive layoffs, with strategic shifts: Amazon cuts 30,000 jobs, yet AWS CEO insists AI isn’t replacing workers — so what’s the real story?Despite recent tens of thousands of job cuts, Amazon is actively hiring, with plans to bring in 11,000 software developers and interns in 2...
Amazon stock price, earnings, profits and net sales rise after strong first-quarter cloud growthAmazon stock price, earnings, profits and net sales increased after the company reported higher first-quarter profit and revenue driven by ...
Amazon beats quarterly cloud growth estimates on strong AI demand; AWS revenue jumps 28%Amazon Web Services (AWS) surpassed Wall Street's cloud revenue expectations, driven by increased enterprise spending on AI adoption. Despi...
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...
OpenAI's latest AI models, Codex available on Amazon Bedrock, day after Microsoft deal loosensOpenAI is now available on Amazon's cloud. This move follows a contract change with Microsoft. OpenAI's AI models and coding agent can be a...