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
High frequency firms see India profits surge despite regulatory curbsHigh-frequency trading firms have posted robust profit growth in India despite regulatory curbs, highlighting their ability to navigate the...
25 Nov, 2025, 09.05 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
IIT Kharagpur, IIT (BHU) together bag close to 1240 offers, including PPOs, by end of Day 1 of final placementsMore than 61 companies made offers at IIT Kharagpur for software, analytics, finance–banking, consulting and core engineering roles. Apple,...
02 Dec, 2023, 07.35 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
Class of 2024 at IITs sees silver lining in speed-trading firmsFirms including Quantbox Research, NK Securities Research, Da Vinci and Graviton Research Capital, which operate in the high-stakes world o...
05 Nov, 2023, 09.27 AM IST
Recruiters continue to roll out offers at IIT on the second day of placementsIIT-BHU, where the top offer was Rs 1.2 crore from Graviton Research Capital, said it received 640 offers (including 305 PPOs) from 173 com...
03 Dec, 2022, 07.24 AM IST
Trading firm Jane Street offers ₹4 crore-plus package at IITsAt least three students from IITs of Delhi, Bombay and Kanpur have bagged this pre-placement offer (PPO) for an international posting by Ja...
02 Dec, 2022, 07.35 PM IST
IIT Kharagpur students bag 16 international offers including top offer of over Rs 2.6 crore on Day 1A total of 34 companies have participated in the placement process that includes Apple, Airbus, Alphagrep, Capital One, EXL Services, Googl...
02 Dec, 2022, 02.45 PM IST
IIT Madras students bag 445 offers, including PPOs, at the End of Session 1.1 of Placements’ Day OneMany companies that were earlier recruiting only in Phase I of placements, have this year opted to give PPOs also, said a release issued by...
01 Dec, 2022, 06.10 PM IST
Day 1 of IIT placements bring in fat salary offersAccording to various campus placement cells that ET spoke to, big salaries were offered by the likes of B2B SaaS startup Ally.io with aroun...
02 Dec, 2020, 09.56 AM IST
Slowdown signal: Top companies cold to IIT hiring seasonSome of ‘Day One’ cos have either declined placement cells' requests or are yet to confirm their interest.
07 Nov, 2019, 06.26 PM IST