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The Latest Breaking News from Amazon Web Services

Should You Add Amazon to Your Portfolio as It Hits New Highs?

Amazon.com (AMZN) is pushing the boundaries with its AI services, from government initiatives to cutting-edge consumer tools. As the tech giant integrates AI across e-commerce and cloud computing, let’s explore whether these initiatives make it a compelling addition to your investment portfolio. Keep reading….

AWS Graviton4 CPU benchmarked against AMD and Intel processors — faster than predecessors and more cost-effective

AWS Graviton4 CPU benchmarked against AMD and Intel processors — faster than predecessors and more cost-effective

Amazon's Graviton4 processors bring significant performance advantages over its predecessors and can compete against AMD's EPYC 'Genoa' and Intel's Xeon 'Sapphire Rapids' in many workloads.

Tom’s Hardware

Amazon Prime Day Investment Challenge: Buy Stocks As Shares Trade 6X Cheaper Valuation Vs. June 2023

Amazon Prime Day Investment Challenge: Buy Stocks As Shares Trade 6X Cheaper Valuation Vs. June 2023

Amazon's price-to-earnings ratio was 53.98 as of July 15, compared to 309.88 in late June 2023. The company is rapidly reducing operational costs through robotics, AI integration, and improving worker safety.

International Business Times UK

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Amazon Stock Gets Price Target Hike On Cloud, Advertising Momentum

Amazon stock is in record high territory but has further upside driven by its advertising and AWS, according to an analyst.

Investors Business Daily

Talen Urges US Regulators To Dismiss Opposition To Amazon's Data Center Agreement

In March, Talen announced an agreement to sell electricity and a data center campus at its Pennsylvania nuclear power plant to Amazon Web Services.

International Business Times

Jeff Bezos, Andy Jassy, and the next 30 years of cadabra

Will Amazon, founded 30 years ago today, be able to continue the magic for another three decades—and address its big challenges?

Why is Amazon building a ‘top secret’ $2 billion cloud for Australia’s military intelligence?

Amazon has secured a A$2 billion contract with the Australian Signals Directorate – the agency responsible for foreign signals intelligence and information security. A local subsidiary of Amazon Web Services will build a Top Secret Cloud to provide secure data storage for military intelligence.

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Amazon Counts On 'Grit And Innovation' To Meet AI Surge

Amazon Counts On 'Grit And Innovation' To Meet AI Surge

The AI revolution is upon us with companies around the world looking to jump headfirst into the technology made famous by ChatGPT. To satisfy their generative AI urge, firms need to secure state-of-the-art software and ramp up computing power, which quickly brings them knocking on the doors of the globe's…

International Business Times

Analysts review Amazon stock price rating after recent upgrades

Analysts review Amazon stock price rating after recent upgrades

This is what could happen next to Amazon shares.

AWS is making it easier for start-ups to use its cloud services

AWS is making it easier for start-ups to use its cloud services

Amazon Web Services has doubled the amount of cloud credits certain startups can get to help them even more.

TV Tech's Weekly Product Wrap-Up

TV Tech's Weekly Product Wrap-Up

Our coverage of new products, services and deployments from June 24 to June 28

Amazon Hit This Milestone In The Andy Jassy Era. What's Next?

Amazon Hit This Milestone In The Andy Jassy Era. What's Next?

After a tumultuous three years leading Amazon, CEO Andy Jassy's cost-cutting and services strategy has the stock back at record highs.

Investors Business Daily

IBD Stock Of The Day Amazon Builds On Breakout, Joins $2 Trillion Club

IBD Stock Of The Day Amazon Builds On Breakout, Joins $2 Trillion Club

With a nearly 4% gain on Wednesday, Amazon stock reached a $2 trillion market cap for the first time in its history.

Investors Business Daily

Amazon Web Services introduces record 896-core instance — prices range from $150 to $400 per hour

Amazon Web Services introduces record 896-core instance — prices range from $150 to $400 per hour

AWS ups the ante once more.

Tom’s Hardware

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This bank tested 90 uses for AI before choosing the top 2—and they benefit customer service and productivity

Bank CEOs see new vulnerabilities for cybersecurity, legal uncertainty, and prejudice from generative AI.

Italy could be the next country to receive a billion-dollar AWS boost

Amazon Web Services could invest billions into Italy’s tech sector to expand its data center and cloud footprint.

Amazon Web Services To Invest .4 Billion In Germany

AWS to invest .4 billion in expanding cloud services in Germany, enhancing performance and security for European customers.

AWS CEO Adam Selipsky is stepping down

AWS confirms Matt Garman as new CEO as Adam Selipsky steps down with immediate effect.

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Investors Business Daily

Amazon Cloud CEO Stepping Down, With AWS Veteran Named To Role

The leader of Amazon Web Services will step down in June. Amazon stock was lower after the news.

Amazon set to invest billions and create thousands of jobs in France

Amazon Web Services is injecting another billion-dollar sum into France as it looks to support the blossoming AI scene.

The Guardian - US

Amazon sales soar with boost from artificial intelligence and advertising

Revenue at Amazon Web Services increases to $25bn as retail giant releases earnings report surpassing Wall Street expectations

Analysts reboot Amazon stock price target ahead of earnings

This is what could happen next to Amazon shares.

AWS Expands NAB Show Presence

Show attendees are taking an up-close look at what the cloud and Gen AI can do at the show

International Business Times

Race For AI Isn't Zero-sum, Says Amazon Cloud Boss

As Google races with Microsoft and OpenAI to create world-changing generative artificial intelligence, some critics see Amazon as lagging behind.

Amazon CEO says GenAI may be the biggest technology transformation since the cloud

Amazon CEO Andy Jassy says Generative AI is the next digital revolution, and it’s being likened to the cloud but with a far easier transition.

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