OpenAI isn’t done securing the AI infrastructure it needs to rapidly scale agentic workloads. The ChatGPT-maker on Monday said it has reached a deal with Amazon to buy $38 billion in cloud computing services over the next seven years. OpenAI said it will immediately start using AWS compute, with all capacity targeted to be […]
OpenAI and Amazon ink $38B cloud computing deal Read More »
Amazon’s cloud infrastructure service, Amazon Web Services (AWS), is on track to record its strongest year of growth in three years, fueled by the AI industry’s unprecedented demand for computing power. AWS is growing 20% year-over-year and ended the third quarter with $33.1 billion in sales through the first nine months of the year, Amazon
AWS exceeds Wall Street’s expectations as demand for cloud infra remains high Read More »
Amazon said on Tuesday that it plans to reduce its corporate workforce by 14,000 jobs as it seeks to reduce bureaucracy, remove layers and invest more in its AI strategy. This marks the e-commerce giant’s second-largest job cuts since it slashed 22,000 jobs in 2022. Amazon had nearly 1.2 million employees as of October 31,
Amazon to cut 14,000 corporate jobs Read More »
As geopolitical tensions intensify between the U.S. and China, tech giants Microsoft, Amazon, and Google are ramping up efforts to move production of their products and data centers outside of China, Nikkei reported, citing supply chain sources. In particular, Microsoft wants to have up to 80% of the components needed to make its Surface notebooks
Sam Altman’s blow torch to his competitors is so hot, it even includes a new partnership with Amazon Web Services. As OpenAI announced two open-weight reasoning models with capabilities on par with its o-series, Amazon announced that the new models would soon be available as a service on AWS. For the first time, OpenAI models
For the first time, OpenAI models are available on AWS Read More »
Amazon Web Services (AWS) is launching an AI agent marketplace next week and Anthropic is one of its partners, TechCrunch has exclusively learned. The AWS agent marketplace launch will take place at the AWS Summit in New York City on July 15, two people familiar with the development told TechCrunch. AWS and Anthropic did not
AWS is launching an AI agent marketplace next week with Anthropic as a partner Read More »
Amazon tapped into an emerging trend this week, one that’s seeing big tech firms buy power from existing nuclear power plants. The tech company will power a chunk of its AWS cloud and AI servers using 1.92 gigawatts of electricity from Talen Energy’s Susquehanna nuclear power plant in Pennsylvania. Amazon is the latest hyperscaler to
Amazon joins the big nuclear party, buying 1.92 GW for AWS Read More »
Databricks just snatched up another AI company. This week, data analytics giant announced a $1 billion acquisition of Neon, a startup building an open-source alternative to AWS Aurora Postgres. It’s the latest in a spree of high-profile buys, joining MosaicML and Tabular, as Databricks positions itself as the place to build, deploy, and scale AI-native
Is $1 billion a lot of money these days? Read More »
Amazon says it will work with Humain, the AI company recently launched by Saudi Arabia’s ruler, Mohammed bin Salman, to invest “$5 billion-plus” in a strategic partnership to build an “AI Zone” in Saudi Arabia. The AI Zone will include dedicated Amazon Web Services (AWS) AI infrastructure, servers, networks, and training and certification programs, according
AWS enters into ‘strategic partnership’ with Saudi Arabia-backed Humain Read More »
Amazon is making a sizable investment to support new and existing Amazon Web Services (AWS) customers in Chile. The tech conglomerate announced on Wednesday that it will pour more than $4 billion into building an AWS infrastructure region of data centers in Chile by the end of 2026. The investment will go toward establishing three
Amazon to invest $4B in Chile to launch AWS infrastructure region Read More »
