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The Latest Breaking News from Amazon Web Services

Amazon To Invest GBP8 Bn In UK In Boost For New Labour Govt

US tech giant Amazon is to invest GBP8 billion ($10.5 billion) in Britain over the next five years, creating thousands of jobs via its web services arm, the company and UK government announced Wednesday.

International Business Times

AWS is spending £8 billion to boost its UK cloud business

AWS UK expansion could support up to 14,000 jobs annually.

TechRadar

Reeves announces £8bn UK investment by Amazon’s cloud computing arm

Chancellor says move will create as many as 14,000 jobs at firm’s datacentres and in a range of other industries

The Guardian - UK

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Why Amazon And Oracle Could Both Have 'A Lot To Gain' Working Together

Oracle stock is rocketing higher Tuesday, helped by a strong earnings report and its plan to partner up with Amazon.

Investors Business Daily

Problem with Amazon going water positive

The company’s pledge to conserve water at its data centers doesn’t account for thirsty power plants they rely on

Salon

AWS will now let your business access HPC to run your biggest workloads

AWS launches Parallel Computing Service as an HPCaaS option for companies of all sizes.

TechRadar

Amazon cloud boss echoes NVIDIA CEO's of coding being dead in the water with the rapid prevalence of AI sentiments: "If you go forward 24 months from now, it's possible that most developers are not coding"

Amazon Web Services CEO Matt Garman predicts a paradigm shift in coding as a career with the prevalence of AI, prompting developers to stop coding in the foreseeable future. They might need to upskill in the field to gain new skills.

Windows Central

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Analysts See Uber, Amazon Offering Strong Upside Following Earnings Results

Uber stock and Amazon stock have strong upside to target prices set by analysts at Bernstein.

Investors Business Daily

Amazon's Ring outage: what happened, will it happen again, and can you still trust Ring cameras?

An Amazon server failure caused Ring camera outages this week. What happened, will it happen again, and should you still rely on Ring?

Digital Camera World

Amazon Stock Slides As Consumer Concerns Overshadow Strong Cloud Performance

Amazon stock is on pace Friday for its worst trading day so far in 2024 following its Q2 report. Here's why.

Investors Business Daily

Amazon Q2 Earnings Preview: Retail Profits, AI Cloud Growth In Focus

Amazon stock will most likely be moved by sales growth for its AWS division and its retail profits for AMZN's Q2.

Investors Business Daily

Tour the Natural History Museum’s new gardens, a Jurassic lark in London

The Natural History Museum in London has unveiled two new gardens, with resident dinosaurs, after a transformation led by architects Feilden Fowles

Wallpaper

Should You Add Amazon to Your Portfolio as It Hits New Highs?

Amazon.com (AMZN) is pushing the boundaries with its AI services, from government initiatives to cutting-edge consumer tools. As the tech giant integrates AI across e-commerce and cloud computing, let’s explore whether these initiatives make it a compelling addition to your investment portfolio. Keep reading….

StockNews.com

AWS Graviton4 CPU benchmarked against AMD and Intel processors — faster than predecessors and more cost-effective

Amazon's Graviton4 processors bring significant performance advantages over its predecessors and can compete against AMD's EPYC 'Genoa' and Intel's Xeon 'Sapphire Rapids' in many workloads.

Tom’s Hardware

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International Business Times UK

Amazon Prime Day Investment Challenge: Buy Stocks As Shares Trade 6X Cheaper Valuation Vs. June 2023

Amazon's price-to-earnings ratio was 53.98 as of July 15, compared to 309.88 in late June 2023. The company is rapidly reducing operational costs through robotics, AI integration, and improving worker safety.

Investors Business Daily

Amazon Stock Gets Price Target Hike On Cloud, Advertising Momentum

Amazon stock is in record high territory but has further upside driven by its advertising and AWS, according to an analyst.

International Business Times

Talen Urges US Regulators To Dismiss Opposition To Amazon's Data Center Agreement

In March, Talen announced an agreement to sell electricity and a data center campus at its Pennsylvania nuclear power plant to Amazon Web Services.

Fortune

Jeff Bezos, Andy Jassy, and the next 30 years of cadabra

Will Amazon, founded 30 years ago today, be able to continue the magic for another three decades—and address its big challenges?

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The Conversation

Why is Amazon building a ‘top secret’ $2 billion cloud for Australia’s military intelligence?

Amazon has secured a A$2 billion contract with the Australian Signals Directorate – the agency responsible for foreign signals intelligence and information security. A local subsidiary of Amazon Web Services will build a Top Secret Cloud to provide secure data storage for military intelligence.

International Business Times

Amazon Counts On 'Grit And Innovation' To Meet AI Surge

The AI revolution is upon us with companies around the world looking to jump headfirst into the technology made famous by ChatGPT. To satisfy their generative AI urge, firms need to secure state-of-the-art software and ramp up computing power, which quickly brings them knocking on the doors of the globe's…

TechRadar

AWS is making it easier for start-ups to use its cloud services

Amazon Web Services has doubled the amount of cloud credits certain startups can get to help them even more.

TV Tech

TV Tech's Weekly Product Wrap-Up

Our coverage of new products, services and deployments from June 24 to June 28

Investors Business Daily

Amazon Hit This Milestone In The Andy Jassy Era. What's Next?

After a tumultuous three years leading Amazon, CEO Andy Jassy's cost-cutting and services strategy has the stock back at record highs.

Investors Business Daily

IBD Stock Of The Day Amazon Builds On Breakout, Joins $2 Trillion Club

With a nearly 4% gain on Wednesday, Amazon stock reached a $2 trillion market cap for the first time in its history.

Tom’s Hardware

Amazon Web Services introduces record 896-core instance — prices range from $150 to $400 per hour

AWS ups the ante once more.

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People

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