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The Latest Breaking News from AWS

Amazon Triples Quarterly Profit As Cloud Surges

E-commerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived.

International Business Times

Tesla Wants To Turn Cars Into 'Amazon Web Services' On Wheels. Here's How

Tesla Wants To Turn Cars Into 'Amazon Web Services' On Wheels. Here's How

Tesla envisions turning its future cars into mobile distributed data centers where it can monetize a car's onboard computing power like Amazon AWS.

No respite from heat in Kerala, two die of sunstroke in State

No respite from heat in Kerala, two die of sunstroke in State

Heatwave in Kerala claims lives, with record-breaking temperatures hitting 41.6°C in Palakkad and 38.5°C in Kottayam.

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AWS is investing billions in one of its biggest US cloud regions

Amazon is also pledging to improve community infrastructure in the area as part of a larger expansion plan in the US Midwest.

2 Best AI Growth Stocks to Own Right Now

Meta Platforms and Amazon have harnessed the power of AI to accelerate growth in the coming years.

Analysts reboot Amazon stock price target ahead of earnings

This is what could happen next to Amazon shares.

NAB Show Welcomes Creators to Las Vegas

With more than half of attendees attending for the first time, show evolves to meet demands of the new media landscape

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AWS makes move to host your company's home-made Gen AI models

AWS makes move to host your company's home-made Gen AI models

Companies can now use their own in-house models with AWS Bedrock, or choose from the latest third-party models instead.

Amazon To Invest $150 Billion Into AI Boom

AI is everywhere in 2024. We work with it; converse with it; we even play with it.

AWS retires Snowmobile data in a lorry scheme

AWS retires Snowmobile data in a lorry scheme

Amazon pulls its Snowmobile cloud migration truck off the road, citing inefficiencies compared with modern solutions.

‘B+C,’ ‘Next TV’ Announce Winners of Best of Show Awards at NAB Show

‘B+C,’ ‘Next TV’ Announce Winners of Best of Show Awards at NAB Show

Awards are judged on innovation, feature set, cost efficiency and performance in serving the media & entertainment companies

Broadcasting & Cable

Analysts reassess Amazon stock price targets ahead of earnings

Analysts reassess Amazon stock price targets ahead of earnings

This is what could happen next to Amazon shares.

NAB 2024: 5 Booths That Caught Our Eye on the Show Floor

NAB 2024: 5 Booths That Caught Our Eye on the Show Floor

Here are some of the manufacturers that stood out in Las Vegas.

AWS Expands NAB Show Presence

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

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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.

Will GOOGL and AMZN Reign Supreme Among Tech Stocks in 2024?

Amidst the ever-changing digital terrain and the ascent of artificial intelligence (AI), the future looks promising for tech behemoths Alphabet (GOOGL) and Amazon.com (AMZN). Yet, a pressing query looms: Can GOOGL and AMZN uphold their status as reigning tech stock champions this year? Let's delve deeper to uncover the answer.

NAB Expects Up to 70K Attendees, Nearly 1,300 Exhibitors for 2024 Show

AI, content creation, streaming and NextGen TV expected to be the hot topics in the conference halls and exhibit floor

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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NAB Show: LiveU to Showcase its Latest EcoSystem Collaborations

The company will be demonstrating a range of innovative EcoSystem partner integrations and connectivity solutions for news, sports and election coverage

Investors Business Daily

Amazon Notches First Record Close Since 2021 As Chief Executive Touts AI

Amazon leader Andy Jassy said the tech giant will continue investing in AI. Meanwhile, Amazon stock is nearing new highs.

AWS plans hundreds of job cuts as Amazon downsizing continues

Amazon continues its layoffs well into 2024, this time with hundreds of AWS workers at risk due to changing trends.

Amazon is cutting hundreds of jobs in its cloud computing unit AWS

The AWS layoffs follow other layoffs that happened at Amazon and its subsidiaries this year, including at Prime Video, the MGM Studios unit and Twitch, the social media platform owned by Amazon.

International Business Times

Amazon Announces Layoffs In AWS Division, Streamlining Operations Amid Strategic Shift

Amazon's layoffs within its AWS division prompt inquiries into the potential implications for the company's trajectory and competitiveness in the tech industry.

Amazon really wants startups to use AI models including Anthropic - and it's giving away free credits to all

AWS reveals precisely what $500,000 in credits for startups can be spent on, including third-party models from Anthropic and more.

AI Is Sparking Up Massive Growth for This Top-Tech Titan

This tech behemoth is already a mega-cap, and artificial intelligence is driving growth across all of its businesses.

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