Amazon Struggling To Cope With AI Demand
An immense demand for AI services is forcing some of the world’s biggest tech companies including Amazon and Microsoft that ...
Las Vegas Sun1h
Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter
In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...
Amazon, echoing Microsoft, says can’t keep up with AI demand
CEO Jassy said the supply of chips — from third parties and Amazon’s own chip design unit — and power capacity are limiting ...
Amazon CEO says cloud business would have grown faster if it had more AI chips, power, and server components
AWS's growth is slowed by AI chip shortages and server constraints, CEO Andy Jassy said, as the company plans significant capital investment.
Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending
AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its spending spree on AI services.
AWS partners with Orbital Materials to boost carbon removal, cooling, and efficiency in data centers
AWS and Orbital Materials have announced a partnership using generative AI to boost data center sustainability and efficiency ...
Amazon Offers Weak Outlook on Rising Spending for AI
Amazon.com Inc. projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company ...
press.aboutamazon10h
CommBank and AWS expand collaboration to deliver global best cloud and AI capabilities, enabling idea to production in six weeks
CommBank has entered a five-year strategic collaboration with Amazon Web Services (AWS) to continue as the bank’s preferred cloud provider. This agreement marks the next step in CommBank’s technology ...
Nearshore Americas11h
AWS Mexico Explained: A New Tech Cornerstone in Mexico
"I believe the new Amazon Web Services (AWS) cloud 'region' will bring a lot to Mexico and all its industries," says David Victoria, a Senior Cloud Architect for Caylent in Latin America and one of ...