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AWS CLOUD INCOME
Tata Electronics' $30 billion fab bet; Ather's Q4 revenue surgeTata Electronics CEO Randhir Thakur lays out the group’s big swing in fabs, advanced packaging and more in an interaction with ET. This and...- Inside Big Tech’s March quarter earnings: Here’s all you need to knowBig Tech giants Alphabet, Microsoft, and Amazon reported strong earnings, driven by significant growth in cloud and AI services. While Meta...
- Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
- 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...
- Did Microsoft lose its AI edge? What changed in the Microsoft OpenAI deal— and why Microsoft stock fell while Amazon stock surged?What changed in the Microsoft OpenAI deal? Microsoft stock fell 2–3% after the Microsoft OpenAI deal ended exclusivity, shaking the AI mark...
- Amazon earnings: Amazon stock slides after earnings despite strong AWS results and AI momentumAmazon's stock experienced a significant drop in after-hours trading, despite its cloud unit, AWS, exceeding revenue and profit expectation...
- Amazon will offer OpenAI models to customers for first timeAmazon plans to provide OpenAI's AI models to its users. This marks the first time Amazon will offer products from the AI startup. The mode...
- Amazon share price tumbles 7% after cloud computing growth disappoints investorsAmazon.com share price fell about 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling behind Microsof...
- Amazon cloud computing results fail to impress, shares diveAmazon forecast strong Q3 sales but disappointed on cloud performance, with AWS margins falling to 32.9% and growth lagging behind Microsof...
- Amazon to spend $4 billion on cloud infrastructure in ChileAmazon Web Services will invest $4 billion to launch its first Chilean cloud region by late 2026, aiming to boost AI capabilities. Despite ...
- Warren Buffet, known for not traditionally investing in tech, now has major investments in AI; he's betting billions on this specific AI stock, should other investors Buy?Warren Buffett has shifted his investment strategy towards technology companies. He has invested billions of dollars in Amazon, which is be...
- 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...
- Amazon, echoing Microsoft, says it can’t keep up with AI demandChief Executive Officer Andy Jassy, determined for Amazon to become an AI supermarket, is spending big to retain the company’s edge in clou...
- AWS India and South Asia head Puneet Chandok to exit companyVaishali Kasture, who currently heads enterprise, mid-market and global business at Amazon Web Services (AWS) India and South Asia, will ta...
- AWS India to contest tax demand on cloud incomeThe department has contended that receipts from cloud computing services were in the nature of royalty and fee for technical services and w...
- Income Tax department issues Rs 549-crore tax demand notice to AWSThe tax department detected that AWS was charging a fee for providing cloud computing services to Indian entities but not paying tax on it,...
- Microsoft's cloud business keeps profits flowing in tougher timesThe cloud business is under the spotlight again following the viral success of chatbot ChatGPT, which answers general questions in plain la...
- Amazon Web Services to invest $2.77 billion in Telangana to set up data centresThe Hyderabad Cloud region will join the existing Mumbai region to provide customers with even greater resiliency for critical cloud worklo...
- 8K Miles net soars 138% to Rs 29 crore as revenue doublesNet income after minority interests rose 170 per cent to Rs 24 crore, while on a sequential basis, it rose 19 per cent and the same after m...
- Beware of software companies cloud-washing their existing solutions: Adam Selipsky, Vice President, Amazon Web Services"Our latest offering, Snowball is our addressal of that challenge. It is a convenient and a secure method of data migration."
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