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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 ...30 Apr, 2026, 03.27 AM IST- Meta signs AWS chip deal to support AI workloadsMeta Platforms has entered a multi-year agreement with Amazon Web Services to utilise tens of millions of AWS Graviton CPU cores for its ar...24 Apr, 2026, 09.22 PM IST
- Amazon CEO reveals AI revenue, dismisses spending doubts in annual letterAmazon's cloud division has reached a remarkable milestone, raking in more than $15 billion each year from its AI offerings. This impressiv...09 Apr, 2026, 11.15 PM IST
- Amazon cloud unit's AI revenue run rate exceeds $15 billion in first quarter, CEO saysThe numbers are also "ascending rapidly", Amazon CEO Andy Jassy said in a letter to shareholders, adding that its cloud business as a whol...09 Apr, 2026, 04.07 PM IST
- Uber bets on Amazon's custom chips to boost AI effortsUber is now using Amazon's special computer chips. These chips will make Uber's technology faster. This helps with computing and training a...07 Apr, 2026, 07.51 PM IST
- Texas at heart of Amazon's AI push in United StatesTech titan Amazon is working to step out of Nvidia's shadow with custom "Trainium" chips designed specially for machine learning as billion...27 Feb, 2026, 11.20 AM IST
- Amazon shakes up AI team as veteran Prasad leaves, DeSantis promotedAmazon is reshaping its AI leadership as it pushes harder to compete with major tech rivals. Veteran cloud chief Peter DeSantis will overse...18 Dec, 2025, 07.52 AM IST
- Amazon racing to develop AI chips cheaper, faster than Nvidia's, executives sayThe server was packed with Amazon's artificial intelligence chips that compete with those from market leader Nvidia, Amazon executive Rami ...25 Jul, 2024, 11.06 PM IST
- Microsoft offers cloud customers AMD alternative to Nvidia AI processorsMicrosoft's clusters of Advanced Micro Devices' flagship MI300X AI chips will be sold through its Azure cloud computing service. They will ...19 May, 2024, 04.02 PM IST
- ETtech Explainer: All you need to know about Google's Axion data centre processorsGoogle Cloud introduces Axion, a custom Arm-based CPU, to enhance data centre AI capabilities, competing with AWS and Microsoft. Axion targ...11 Apr, 2024, 04.05 PM IST
- Amazon announces new data center chip as Microsoft rivalry intensifiesAmazon on Tuesday introduced its newest data center chip for its cloud computing service as competition with Microsoft to dominate the mark...28 Nov, 2023, 10.23 PM IST
- Microsoft introduces its own chips for AI, with eye on costAt its Ignite developer conference in Seattle, Microsoft introduced a new chip, called Maia, to speed up AI computing tasks and provide a f...15 Nov, 2023, 10.06 PM IST
- Arm's clients turn IPO into tug of war for chip influenceCustomers of Arm that have held talks about taking a piece of the IPO include Apple, Amazon.com, Intel, Nvidia, Alphabet, Microsoft , Samsu...23 Aug, 2023, 09.36 AM IST
- Arm's clients turn IPO into tug of war for chip influenceCustomers of Arm that have held talks about taking a piece of the IPO include Apple, Amazon.com, Intel, Nvidia, Alphabet, Microsoft , Samsu...22 Aug, 2023, 04.25 PM IST
- SoftBank-owned Arm courts Big Tech interest in its IPOSoftBank Group-owned chip designer Arm is getting investment interest from several major tech firms for what is expected to be one of this ...12 Aug, 2023, 09.44 AM IST
- Amazon in talks to become anchor investor in Arm ahead of IPOAmazon's potential involvement in the IPO, which has not previously been reported, underscores Arm's significance in cloud computing. Amazo...09 Aug, 2023, 08.16 AM IST
- Samsung rolls a $116-billion dice for chip supremacyEnter Samsung Electronics, which is planning a decade-long, $116-billion push for their business. The South Korean company is investing hea...24 Dec, 2019, 08.20 AM IST
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