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The Latest Breaking News from Amazon Web Services

Amazon Launches AWS Generative AI Innovation Center With $100M Investment

Amazon invests $100M in its AWS Generative AI Innovation Center to accelerate AI development for customers

Zenger

A.I. is ‘Amazon Web Services for human effort' because it will 'democratize' large workforces and allow startups to scale faster, investment firm CEO says

Like AWS before it, A.I. will reshape business in ways that aren’t immediately obvious, DAI Magister’s Victor Basta tells Fortune.

Fortune

3 Software Stocks to Buy for a Tech-Savvy Portfolio

Amid rapid digitalization worldwide, the demand for software services is expected to increase considerably, creating more growth opportunities for companies dealing with software. Thus, investors could consider adding top software stocks Sage Group (SGPYY), Informatica (INFA), and MiX Telematics (MIXT) to their portfolio. Keep reading….

StockNews.com

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This duo is finding new uses – and extra income – for houses of worship

Day Edwards and Emmanuel Brown match chefs and locals with underused commercial kitchens and event spaces

The Guardian - US

Health care providers are adding cloud tech, but need to dream bigger

Currently, the application of cloud in the health care space is choppy.

Fortune

Freeze Frame | 40 Under 40 L.A.

Photos from L.A. TV Week party toasting 2023’s group of executives on the rise

Multichannel News

Amazon’s AWS Invests $100 Million To Build Generative AI Center

Amazon is pushing ahead with a well-thought-out strategy for AI, focusing on helping businesses use generative AI with a $100M

Zenger

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AWS has a new automation feature to save you from mind-numbing security work

New AWS feature hopes to put an end to tedious security admin.

TechRadar

AWS outage causes some websites to go dark

Amazon’s cloud computing unit Amazon Web Services experienced an outage on Tuesday, affecting publishers that suddenly found themselves unable to operate their sites

The Independent UK

AWS went down, taking parts of the Internet with it — what we know

An Amazon Web Services outage took down many websites and services, from Amazon Alexa devices to fast food apps from Mcdonald's and more. Here's what we know

Tom’s Guide

3 "Strong Buy" Mega-Cap Stocks to Add to Your Portfolio

Wall Street analysts remain bullish on these three mega-cap stocks.

Barchart

Tesla set for ‘AWS moment’ as Elon Musk urges rivals to access its charging stations, technology: Dan Ives

Tesla has “built the castle” and is "waiting for others to call," the Wedbush analyst says.

Fortune

Amazon’s answer to ChatGPT seen as incomplete

Amazon.com Inc.’s cloud customers are clamoring to get their hands on the ChatGPT-style technology the company unveiled six weeks ago. But instead of being allowed to test it, many are being told to sit tight, prompting concerns the artificial intelligence tool isn’t fully baked.

Tribune News Service

How High Could Amazon Stock Rise?

Amazon stock has see impressive gains in 2023, already up close to 40% year-to-date. Can the e-commerce and cloud computing leader continue to deliver market-beating gains to long-term investors?

Barchart

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Zenger

Andy Jassy Thinks AI Can Save Amazon’s Troubled Cloud Business

Amazon's AWS is equipped with AI that can help daily businesses that use it for data purposes helping it's cloud business.

Fortune

AWS and Microsoft Azure dominate cloud computing. But could Google Cloud beat them in Web3?

"They see an opportunity, and there's people who need cloud services, and so they formed a verticalized team," says Andrew Boone, a research analyst at JMP Securities.

Fortune

Amazon Web Services rolls out new hiring restrictions

In a leaked memo, AWS tells hiring managers about new constraints in place to control headcount growth.

Barchart

Strong Earnings Results Boost Stocks

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Friday closed up +0.83%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.80%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.65%. Stock indexes Friday posted moderate gains, with the S&P...

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Barchart

Stocks Push Higher on Strength in Corporate Earnings

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.53%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.44%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.40%. U.S. stock indexes this morning are moderately higher, with...

Barchart

Markets Today: Stocks Continue Their Rally

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) today is up +0.46%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up +0.40%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.30%. U.S. stock indexes are moderately higher,...

Barchart

Markets Today: Weakness in Tech Stocks Weighs on Stock Index Futures

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.29%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.22%. U.S. stock index futures this morning are moderately lower. Weakness in technology stocks is weighing on the overall market after Amazon.com gave up a +12%...

Barchart

Economic Uncertainty Weighs on Cloud-Computing Divisions at Amazon and Microsoft

Demand for highly profitable cloud-computing services has slowed as businesses cut spending due to economic uncertainty. As a result, earnings for Amazon.com (AMZN ) and Microsoft (MSFT ) may be affected when they report their quarterly results next week. Analysts are projecting the slowest revenue growth for both companies’ cloud-computing...

Bangkok Post

Building a digital dividend

Some 80% of Thai organisations that employ workers with advanced digital skills report higher annual revenue growth, but 94% of organisations are struggling to hire enough of these talents, according to a study by Amazon Web Services (AWS).

TechRadar

AWS CEO warns of some potential big changes this year

Amazon’s not all that bothered about the short-term wobbles, it seems, as CEO Andy Jassy looks to the future.

Axios

Amazon cloud's big AI play

Amazon Web Services wants to be the foundation for businesses to build their generative AI applications.

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