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Amazon ups India bet with fresh B AI infrastructure investment
  • Technology

Amazon ups India bet with fresh $13B AI infrastructure investment

Admin2 weeks ago04 mins

Amazon on Thursday said it would invest an additional $13 billion to expand its AI and cloud footprint in India through 2030. The fresh investment, announced after Amazon CEO Andy Jassy met India’s Prime Minister Narendra Modi in New Delhi, will fund the expansion of Amazon Web Services’ data center capacity in Mumbai and Hyderabad….

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Amazon CEO reportedly raised Anthropic model concerns before government crackdown
  • Technology

Amazon CEO reportedly raised Anthropic model concerns before government crackdown

Admin4 weeks ago03 mins

Amazon CEO Andy Jassy may have been the source of security concerns that led Anthropic to cut off worldwide access to two models on Friday. The Wall Street Journal reports that Jassy told Treasury Secretary Scott Bessent and other government officials that Amazon researchers used Anthropic’s Claude Fable 5 to obtain information that could be…

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Amazon’s cloud business is surging — and so is its capital spending
  • Technology

Amazon’s cloud business is surging — and so is its capital spending

Admin2 months ago06 mins

Amazon was one of several tech giants that on Wednesday beat Wall Street’s first-quarter earnings expectations, offering more financial evidence that the AI boom continues to reward companies that supply the picks and shovels. Amazon’s cloud business is the latest example. Amazon Web Services, buoyed by its role in fueling the AI boom, saw its…

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Amazon’s cloud business is surging — and so is its capital spending
  • Technology

Amazon expects to reduce corporate jobs due to AI

Admin1 year ago02 mins

Amazon CEO Andy Jassy is betting that generative AI will change how the company thinks about its workforce in the future. Jassy said that as the company continues to roll out more AI agents, and thus change how the company’s work is done, he expects Amazon will reduce the number of corporate jobs needed in…

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