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
Broadcom hits $2 trillion valuation: How AI chip surge, Google and Meta deals, and ETF buzz is driving AVGO rallyBroadcom (AVGO) market capitalization surged past $2 trillion, fueled by soaring demand for custom AI chips and cloud networking infrastruc...
27 Apr, 2026, 06.08 PM IST
Amazon to invest up to $25 billion in Anthropic as part of $100 billion cloud dealAmazon is injecting up to $25 billion into AI startup Anthropic, solidifying a partnership where Anthropic commits over $100 billion to Ama...
21 Apr, 2026, 06.35 AM IST
Amazon commits $50 billion to OpenAI; announces multi-year partnership with AWSAmazon’s $50 billion commitment is the largest in this round, surpassing the $30 billion each pledged by Nvidia and SoftBank. This round of...
27 Feb, 2026, 11.56 PM IST
Amazon layoffs: Amazon stock rises today as Amazon trims jobs again despite rising revenue — is AMZN a buy before earnings?Amazon layoffs: Amazon stock rises today as Amazon trims jobs again despite rising revenue. Amazon is cutting 16,000 corporate jobs. This b...
28 Jan, 2026, 08.14 PM IST
The Sanchar Saathi U-turn; Meesho IPO off to a flying startIn a volte-face, the telecom ministry has withdrawn the controversial directive mandating that Sanchar Saathi be preloaded on new smartphon...
03 Dec, 2025, 08.30 PM IST
ETtech Explainer: Amazon's latest Tranium chip and what it means for the raceAmazon Web Services has launched Trainium3, its new AI chip, offering faster performance, more memory, and lower energy use. The next-gener...
03 Dec, 2025, 01.57 PM IST
Amazon stock jumps as AWS unveils new AI chip: Amazon claims Trainium 3 is 50% cheaper and 4.4× faster for AI trainingAmazon stock jumps after AWS unveils its in-house AI chip, Trainium3. The company claims it is 4.4x faster than its previous generation. En...
03 Dec, 2025, 07.46 AM IST
Amazon launches AI infrastructure project, to power Anthropic's Claude modelThe tech giant had started Project Rainier last year to build an AI compute cluster spread across multiple data centers in the U.S. The com...
29 Oct, 2025, 04.44 PM IST
Third tender set to add 3,800 GPUs to IndiaAI GPU clusterIndiaAI Mission is expanding its GPU resources. Around 3,850 GPUs will be added through the third tender. This includes Google Trillium TPU...
18 Aug, 2025, 06.00 AM IST
IndiaAI Mission GPU tender round 2: All seven shortlisted bidders clear technical roundAll seven shortlisted firms have cleared the technical round of IndiaAI Mission’s second GPU tender, with commercial bids opened on Thursda...
23 May, 2025, 06.00 AM IST
MeitY shortlists 7 firms in second round of AI Mission GPU tenderUnder the IndiaAI Mission, seven firms—including AWS, Oracle, and Google Cloud partners—were shortlisted for the second round of GPU tender...
07 May, 2025, 06.01 AM IST
Amazon announced a massive $104 billion AI & Cloud bet – Will its stock soar or sink investors?Amazon’s $104 billion spending plan marks one of the most significant investments in AI and cloud computing. While the stock saw a short-te...
07 Feb, 2025, 08.45 PM IST
The furious contest to unseat Nvidia as king of AI chipsNvidia's rivals have also started taking a leaf out of the company's playbook in another way. They have begun emulating Nvidia's tactic of ...
04 Dec, 2024, 08.04 AM IST
Amazon's cloud service shows new AI servers, says Apple will use its chipsAmazon's cloud unit introduces new servers powered by its Trainium2 AI chips, aiming to challenge Nvidia. These servers will be used in a s...
03 Dec, 2024, 11.48 PM 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
Meta ramps up AI efforts by building chip arsenal, consolidating teamsMeta CEO Mark Zuckerberg announced that the company is merging its AI research team with a business-focused generative AI team, emphasizing...
19 Jan, 2024, 08.21 AM IST