Jed Ellerbroek thinks the news that Meta Platforms (META) is buying Alphabet (GOOGL) chips is a bigger threat to AMD Inc. (AMD) than Nvidia (NVDA) because Alphabet's chips won't be as powerful as Nvidia's.
Amazon's expanding AI-driven AWS footprint contrasts with CoreWeave's rapid GPU-cloud surge, setting up a compelling matchup for growth-focused investors.
Amazon announced actions taken against three groups of counterfeiters operating on its platform. In one action, the company's Counterfeit Crimes Unit (CCU) filed a lawsuit targeting what it called a “massive” trademark fraud scheme, Amazon said in a Monday (Nov. 24) update.
House China Committee demands Amazon show country of origin for products before Black Friday. Company must respond by Dec. 15 on transparency reforms.
Amazon (NASDAQ: AMZN) received two fresh endorsements from Wall Street after BMO Capital and BNP Paribas Exane updated their outlooks.
Amazon has announced a multibillion-dollar investment in expanding artificial intelligence (AI) and supercomputing for government agencies. The project, announced Monday (Nov.
Amazon faces tough competition but should be able to defend its twin fortresses, says a BNP Paribas analyst.
Amazon.com Inc (NASDAQ:AMZN) said on Monday that it plans to invest up to $50 billion to build and deploy the first-ever AI and high-performance computing (HPC) infrastructure specifically for US government agencies. The initiative, expected to begin in 2026, aims to expand computing capacity across Amazon Web Services (AWS) Top Secret, AWS Secret, and AWS GovCloud regions through new data centers equipped with advanced computing and networking technologies.
The investment will enable government agencies to accelerate discovery and decision-making, the company said.
AWS announced an investment of up to $50 billion to build AI and supercomputing infrastructure for U.S. government agencies starting in 2026 through a new initiative.
Amazon.com said on Monday it would invest up to $50 billion to expand artificial-intelligence and supercomputing capacity for U.S. government customers, in one of the largest cloud infrastructure commitments targeted at the public sector.
Amazon.com Inc (NASDAQ:AMZN) cloud arm operates a far larger network of data-centre sites than is generally recognised, according to documents seen by Bloomberg and SourceMaterial. The papers indicate Amazon Web Services uses more than 900 facilities across over 50 countries, far beyond its well-known hubs in Virginia and Oregon.