
AWS will be a $1T business, Jassy says. But first, it will spend big
Amazon aims to dominate AI cloud computing and become the first $1 trillion revenue business, which requires continued heavy capital expenditures.
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Amazon aims to dominate AI cloud computing and become the first $1 trillion revenue business, which requires continued heavy capital expenditures.

According to TechCrunch, Nscale and Anthropic are currently discussing another monumental compute infrastructure agreement.

Cerebras CEO Andrew Feldman predicts a future where personal AI assistants become as commonplace as household appliances, powered jointly by local devices and the cloud.

Nvidia-backed Lambda is raising up to $4 billion at a $14.5 billion pre-money valuation ahead of a planned 2027 IPO, led by Coatue and Blackstone.

Perplexity introduces a new feature that splits AI tasks between the cloud and local hardware to cut down costs and optimize performance.

A technical glitch within the Amazon Web Services Bedrock platform has resulted in unexpected and massive overcharges for developers and businesses.