AWS is expanding its push into custom AI chips as the race is on to lower inference costs for AI workflows.
Posts tagged as “Amazon”
Amazon reportedly is in talks to acquire Globalstar in a potential deal that would strengthen its push into low-Earth orbit satellite services and intensify competition with SpaceX’s Starlink, according to the Financial Times. Discussions are…
OpenAI said it has raised $110 billion in new funding at a $730 billion pre-money valuation, underscoring surging demand for artificial intelligence across consumers, developers and businesses. The round includes $30 billion each from SoftBank…
Amazon CEO Andy Jassy said the e-commerce giant expects to spend $200 billion in capital expenditures for the year. That is far above Wall Street forecasts of about $146.6 billion, as it ramps up investment…
Amazon is in talks to invest up to $50 billion in OpenAI, according to The Wall Street Journal. The negotiations come as OpenAI is seeking up to $100 billion in new funding, which could put…