AWS

This will bring the total investment by Amazon on Anthropic up to $8 billion while still remaining a minority investor. This goes on to show Amazon's growing genAI investment. Anthropic is also in talks with additional investors to raise more capita...

Werner Vogels believes that the nation’s blend of technology, culture and government collaboration puts it in a strong position to lead the development of culturally aware AI.

The company said that such an investment would help about 5,500 jobs up until 2029. In 2020, AWS launched its first cloud region in Italy with the aim investing of 2 billion euros by 2029.

The company's stock rose 5.5% in premarket trading on Wednesday, a day after Alphabet posted a 35% surge in Google Cloud revenue, the fastest pace of growth in eight quarters. Analysts expected a 29% rise, according to LSEG.

Food and grocery delivery major Zomato saw its shares tumbling over 5% following its plans to raise funds through a QIP. This and more in today’s ETtech Top 5.

"If there are people who just don't work well in that environment and don't want to, that's okay, there are other companies around," said Garman. "When we want to really, really innovate on interesting products, I have not seen an ability for us to ...

“Many of our customers, from small startups to large enterprises, are seeking ways to maximise their cloud investments and minimise waste,” said Amazon’s chief technology officer Werner Vogels.

Its partner banks include SBI, UCO Bank, Union Bank, PNB, Central Bank of India, Canara Bank, Bank of Baroda, Bank of India, Bank of Maharashtra, Indian Bank, Punjab & Sind Bank, and Indian Overseas Bank.

Amazon Web Services has selected seven Indian startups for its global accelerator programme, providing up to $1 million in AWS credits. These startups will use the credits to develop generative AI solutions and will benefit from AWS and NVIDIA's exp...

Amazon's cloud computing arm, Amazon Web Services (AWS), will invest 10.1 billion reais ($1.8 billion) in Brazil through 2034 to expand its data center operations in the country, it said on Wednesday.

Amazon Web Services plans to invest 8 billion pounds in the UK over the next five years to build and maintain data centres. This investment is expected to contribute 14 billion pounds to the UK's GDP by 2028 and support over 14,000 jobs. The project...

The strategy is to go beyond attracting core technology companies and to persuade large multinationals from diverse sectors to make Telangana their tech hub, Telangana industries and IT minister Duddilla Sridhar Babu said. This is over and above the...

The server was packed with Amazon's artificial intelligence chips that compete with those from market leader Nvidia, Amazon executive Rami Sinno said on Friday, during a visit to the lab.

Tech giants Amazon Web Services (AWS) and Google Cloud are providing cloud storage and services to make the digital public goods (DPGs) created by non-profit EkStep Foundation available online. They are also collaborating to develop an AI-based virt...

Amazon said Wednesday it will invest an additional 10 billion euros ($10.7 billion) in Germany, most of it in cloud computing, the US tech giant's latest major investment in Europe. A total of 8.8 billion euros will come from Amazon's cloud computin...

This comes two weeks after Ola founder Bhavish Aggarwal snapped ties with Microsoft Azure after LinkedIn deleted his post related to "pronoun illness" of western AI models. Experts, however, say that losing Ola as a customer for AWS and Microsoft is...

AWS' Kumara Raghavan discussed the mature Indian startup ecosystem's potential to become the third largest economy, citing labor addition, infrastructure growth, and GenAI technology as key factors.

Amazon's AWS in talks with Italy to invest billions in expanding data centre business, boosting cloud offer in Europe.

Amazon's cloud computing division AWS will invest 15.7 billion euros ($17 billion) to expand its data centres in Spain's Aragon region through to 2033, the US tech giant said Wednesday. Amazon in 2021 had planned to invest 2.5 billion euros in Arago...