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The Latest Breaking News from AWS

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.

International Business Times UK

Google found offering EU antitrust body a pretty big deal to go with its cloud views

Google found offering EU antitrust body a pretty big deal to go with its cloud views

Google accused of offering CISPE millions in cash and licensing deals to maintain its complaint against Microsoft.

How AWS and F1 are putting AI in pole position

How AWS and F1 are putting AI in pole position

We explored how AI is front and center of this year's British Grand Prix through a partnership between AWS and F1.

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AWS says it has trained millions of workers on key cloud skills for free

AWS wanted to train 29 million in cloud and AI by 2025, but it’s still 2024 and it has trained 31 million already.

AWS will now let you build business apps with just a single AI prompt

Amazon launches its own no-code, generative AI-powered app builder for enterprises looking to boost efficiency.

UTunnel VPN review

A business VPN that offers some interesting features

Intercoms Adapt to Changing Production Demands

The impact of IP and cloud on today’s comms

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AI industry needs to earn $600 billion per year to pay for massive hardware spend — fears of an AI bubble intensify in wake of Sequoia report

AI industry needs to earn $600 billion per year to pay for massive hardware spend — fears of an AI bubble intensify in wake of Sequoia report

As AI companies increase their investments in infrastructure, their revenues are not growing that fast, financial analysts note, implying that AI could become a bubble.

Tom’s Hardware

The US Army wants to use more AI in its everyday operations — but not for combat

The US Army wants to use more AI in its everyday operations — but not for combat

AI could help the US Army process its extensive data reserves, but it doesn’t want to build its own solution.

Is AI A Major Drain On The World's Energy Supply?

Is AI A Major Drain On The World's Energy Supply?

When Google announced this week that its climate emissions had risen by 48 percent since 2019, it pointed the finger at artificial intelligence.

International Business Times

Jeff Bezos To Sell Amazon Shares for The Second Time This Year as Stock Price Surges to Record Levels

Jeff Bezos To Sell Amazon Shares for The Second Time This Year as Stock Price Surges to Record Levels

Jeff Bezos plans to sell a portion of his stake in Amazon for the second time this year as the e-commerce giant's stock price surpassed record levels to peak at $200.20 this week.

International Business Times UK

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

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.

The Conversation

Australia is moving top secret intelligence data to the cloud with a new billion-dollar AWS deal

Australia is moving top secret intelligence data to the cloud with a new billion-dollar AWS deal

Australia is setting up a top-secret cloud with AWS, but can sovereignty and interoperability go hand in hand?

Python Development Trends in 2024: Shaping the Future of Software

World of Warcraft (WoW) is one of the most popular and long-standing MMORPGs in the world, created by Blizzard Entertainment.

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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…

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.

The Independent UK

Amazon is reviewing whether Perplexity AI improperly scraped online content

Amazon is reviewing claims that the artificial intelligence startup Perplexity AI is scraping content — including from prominent news sites — without approval

TV Tech's Weekly Product Wrap-Up

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

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Dalet Completes AWS Foundational Technical Review for Dalet Pyramid Cloud-Native News Solution

This major milestone follows the successful FTR completion of the Dalet Flex media asset management and supply chain platform

Amazon's market cap hits $2 trillion as its CFO keeps an eye on AI—and cutting costs

The tech giant is betting big on generative AI.

The Independent UK

From startup to double unicorn: The journey of Zilch

Philip Belamant is the Co-Founder and CEO of Zilch, Europe’s fastest-ever company to achieve unicorn status in just 14 months.

2 Growth Stocks to Buy and Hold for the Next 10 Years

Both of these companies have plenty of room to grow.

Amazon hits $2 trillion market valuation for the first time

Amazon breaks a market cap of $2 trillion to join the five most valuable companies in the world.

The Independent UK

Amazon joins exclusive club, crossing $2 trillion in stock market value for the first time

Amazon has joined the exclusive $2 trillion club after Wall Street investors pushed the value of the e-commerce giant’s stock past that threshold

International Business Times

Amazon Cloud Giant AWS Wants Public Sector To Embrace AI

Amazon's AWS, the world's biggest cloud computing outfit, is making a major push to persuade the public sector to join the artificial intelligence revolution, as the generative AI race with Microsoft and Google heats up.

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