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Amazon Web Services’ annual tech conference AWS re:Invent has wrapped. And the singular message, amid a deluge of product news and keynotes, was AI for the enterprise. This year it was all about upgrades that give customers greater control to customize AI agents, including one that AWS claims can learn from you and then work…
AI research lab Anthropic’s not slowing down in its efforts to snap up enterprise clients. The company on Wednesday said it is expanding its partnership with cloud data company Snowflake in a $200 million multi-year AI deal that will bring Anthropic’s large language models to Snowflake’s platform, and consequently, to its sizable customer base. “Anthropic…
Can any company, big or small, really topple Nvidia’s AI chip dominance? Maybe not. But there are hundreds of billions of dollars of revenue for those that can even peel off a chunk of it for themselves, Amazon CEO Andy Jassy said this week. As expected, the company announced during the AWS Re:Invent conference the…
Right on the heels of announcing Nova Forge, a service to train custom Nova AI models, Amazon Web Services (AWS) announced more tools for enterprise customers to create their own frontier models. AWS announced new capabilities in Amazon Bedrock and Amazon SageMaker AI at its AWS re:Invent conference on Wednesday. These new capabilities are designed…
Amazon announced a new product Tuesday called “AI Factories” that allows big corporations and governments to run its AI systems in their own data centers. Or as AWS puts it: Customers supply the power and the data center, and AWS plunks in the AI system, manages it, and can tie it into other AWS cloud…
Amazon Web Services’ annual tech conference AWS re:Invent has wrapped up its first official day of programming and has already delivered an endless stream of product news. The unsurprising theme is AI for the enterprise, although this year it’s all about upgrades that give its customers greater control to customize AI agents — including one…
Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “mega-round,” and seven companies raised rounds that were $1 billion in size or larger. How will 2025 compare? As we enter…
Amazon Web Services is making a sizable new investment in infrastructure designed to boost AI capabilities for U.S. government organizations. AWS announced Monday it is investing $50 billion to build AI “high-performance computing infrastructure” purposefully built for the U.S. government. The buildout is meant to expand federal government agencies’ access to AWS AI services. The…
Sierra, a 21-month-old, San Francisco-based startup that builds customer service AI agents for enterprises, announced on Friday that it reached $100 million in annual revenue run rate (ARR). The company’s rapid growth suggests that businesses across industries are embracing AI agents. The startup’s growth rate surprised even its seasoned co-founders, former Salesforce co-CEO Bret Taylor…
The Trump administration announced Tuesday it would provide Constellation Energy with a $1 billion loan to restart a nuclear reactor at Three Mile Island. The energy company said last year it would reopen the reactor, which had been shuttered since 2019, after Microsoft committed to purchasing all the electricity from the 835 megawatt power plant…