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AMAZON CLOUD UNIT DISRUPTION
X hit by brief global outage as thousands report server issues; service restoredSocial media giant X faced significant disruptions Monday evening, with a dramatic surge in user complaints on Downdetector. Thousands repo...
ArcelorMittal partners with AWS to automate global operationsSteel giant ArcelorMittal is joining forces with Amazon Web Services (AWS) to revolutionize its global operations. By integrating AWS's clo...
Jio IPO: Spectrum acquisition, among 7 risks investors need to know about India’s largest offerThe IPO comes at a time when Jio's operating performance remains robust. For the March quarter of FY26, the telecom giant reported a 13% ye...
Indian refiners increase Russian and UAE oil imports ahead of Hormuz recoveryIndia's crude oil imports hit a milestone in June, as Russia emerged as the primary supplier, followed closely by the UAE's near-record imp...
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...
Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessThe company plans to target chip companies to help accelerate the design process but also software companies that could use custom chips t...
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...
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...
Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessArchitect Labs has secured $24 million in seed funding. The company will leverage artificial intelligence to accelerate and simplify the de...
Allbirds rebrands as Smartbird in AI pivot, hires former AWS executive as CEOAllbirds is now Smartbird. The company has a new president and CEO, Nadia Carlsten. Smartbird is shifting focus to AI infrastructure and cl...
Europe frets about US AI as tech world flocks to France for G7, VivaTechEuropean leaders and tech executives are focusing on technological sovereignty. Discussions at G7 and VivaTech highlight concerns about Ame...
Amazon may face penalties from potential FTC ad suit, Bloomberg News reportsThe FTC has a possible complaint against Amazon as part of an ongoing probe, Bloomberg reported, citing people familiar with the matter. ...
Business lesson from Amazon CEO Jeff Bezos: "Make employees think like owners" What business owners can learn from billionaire's success mindsetAmazon founder Jeff Bezos emphasized fostering an ownership mindset among employees to drive success. By aligning employee interests with l...
In most aggressive phase of India expansion; here for long-term market wins: Amazon India headAmazon is in its most aggressive expansion phase in India, with plans to invest $35 billion by 2030 on top of the $40 billion already commi...
AI workloads push data centres to upgrade fire and cooling systemsData centres are significantly upgrading fire safety, cooling, and electrical systems following a recent Google Cloud incident. The surge i...
Delhi data centre fire sees Google Cloud reroute traffic network capacityA fire at a third-party data center in Delhi caused network disruptions for Google Cloud customers in multiple Indian cities. The incident ...
Google Cloud outage in India after third-party data centre fire triggers shutdownThe cloud-computing unit said the fire led to an emergency power shutdown at the facility, isolating a local point of presence in Delhi a...