GeekWire

SEPTEMBER 25, 2023

Amazon will invest up to $4 billion and take a minority stake in Anthropic , the San Francisco-based artificial intelligence company founded two years ago by former OpenAI executives and considered one of the world’s top AI labs. (Photo by Stuart Isett/Fortune, Creative Commons BY-NC-ND 2.0 , via Flickr.) ”

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CIO Business Intelligence

AUGUST 21, 2024

After adopting Alfresco Content Services and Alfresco Governance Services running on Amazon Web Services (AWS), the insurer fully digitized its operations. Plus, all files were stored in U.S. data centers, creating obstacles for a globally dispersed user base.

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GeekWire

FEBRUARY 6, 2025

The “vast majority” will go toward building out capacity for artificial intelligence in Amazon Web Services, said Amazon CEO Andy Jassy during the company’s earnings conference call with analysts. billion in net sales, up 10%. (GeekWire File Photo / Taylor Soper) Amazon reported $26.3

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GeekWire

APRIL 30, 2024

(Microsoft Photo / John Brecher) Analysts, investors, and the media are suddenly focused intensely on capital expenditures by tech giants including Microsoft, Meta, Google, and others to size up the industry’s bet on the cloud and artificial intelligence. Charles Fitzgerald is wondering where everyone has been.

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GeekWire

OCTOBER 26, 2023

Net income was $0.94 Amazon Web Services reported $23 billion in revenue for the third quarter, up 12%, matching the growth rate from the second quarter. Amazon Web Services: Amazon’s cloud business was up 12% at $23 billion, with $6.9 Amazon reported $143.1 billion in third quarter revenue, up 13% year-over-year.

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GeekWire

AUGUST 1, 2024

In the realm of artificial intelligence, Amazon is spending significant sums to expand its Amazon Web Services cloud infrastructure. Revenue from third-party seller services was up 12% to $36.2 Amazon’s capital expenditures and equipment finance leases amounted to $30.5

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CIO Business Intelligence

SEPTEMBER 14, 2023

The company, which reported net revenues of $3.6 As the first company to store data under regulation on the cloud, Nasdaq’s cloud roots go way back, says Peterson, whose IT department embraces Amazon Web Services as its primary cloud provider, relying on Amazon Redshift Spectrum for data analytics and warehousing.

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GeekWire

AUGUST 1, 2023

Amazon’s cloud revenue growth rate and its artificial intelligence initiatives will be closely scrutinized when the company reports second-quarter earnings Thursday afternoon, Aug. Wall Street analysts expect the company to report net sales (revenue) of $131.5 Amazon Web Services revenue growth declined to 15.8%

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GeekWire

JULY 10, 2024

It called out the addition of 77 new signatories to The Climate Pledge, an initiative launched by Amazon in which entities commit to hitting net-zero carbon by 2040. Earlier this year, news broke that Amazon Web Services is buying a data center in Pennsylvania that’s plugged into the nation’s sixth largest nuclear power plant.

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GeekWire

NOVEMBER 26, 2024

The survey also queried employees about artificial intelligence developments, finding that 27% of Amazon workers trusted corporate leadership to make ethics a priority in AI product development. “Our commitment to being net zero carbon by 2040 is unwavering and we’re really proud of the progress we’ve made.”

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GeekWire

MAY 26, 2021

Jassy, the longtime leader of the Amazon Web Services cloud business, “is going to be an outstanding leader, and he has my full confidence,” Bezos said. Bezos will become Amazon’s executive chairman following the transition, which was announced in February. In his remarks, Bezos addressed Amazon’s proposed $8.45

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GeekWire

JANUARY 6, 2024

Startup investor Nancy Wang sees the potential for generative artificial intelligence to change the balance of power in fields such as cybersecurity, which is one of her areas of focus, leveraging her background as a former Amazon Web Services general manager and Google lead product manager.

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GeekWire

MAY 13, 2024

Helion Photo) The rapid growth of artificial intelligence is driving new demand for cloud computing infrastructure operated by tech giants including Amazon and Microsoft, which are investing billions of dollars each year into the construction of data centers that gobble massive amounts of energy. Europe, Asia and Latin America.

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Cloud Musings

JUNE 14, 2013

Personal comments and insight on cloud computing related technologies and their use in the public sector to support net-centric operations. Benioff’s mission, “The End of Software,” is as brash as it has been predictive in an era that has seen the rise of Google Apps, Amazon Web Services and an entire SaaS industry.

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Dataconomy

FEBRUARY 7, 2025

Amazon announced plans to increase its capital expenditures to $100 billion in 2025, focusing on investments in artificial intelligence. billion were indicative of an annualized rate expected in 2025, with the “vast majority” directed toward AI for Amazon Web Services (AWS).

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GeekWire

OCTOBER 13, 2023

Founder: Bolbi Liu was previously a product manager at Amazon Web Services. ” Unplugging in Seattle: “There are a couple of cricket nets and clubs that I found here in Seattle,” Menon said. Founders: Elisabeth Gosselin was a manager of artificial intelligence training programs at AI research consortium Ivado.

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Dataconomy

JANUARY 13, 2025

As the next major wave of artificial intelligence (AI) emerges, companies specializing in agentic AI are gaining attention. The company boasts a net dollar retention rate of 113% as existing customers continue to expand their spending. AWS allows developers to quickly construct AI agents via the Amazon Bedrock platform.

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Dataconomy

DECEMBER 26, 2024

From 2014 to 2023, the company’s revenue grew approximately 540%, and net income surged to $30.42 Key revenue drivers shaping Amazon’s future Three primary areas are likely to influence Amazon’s stock performance moving forward: e-commerce, Amazon Web Services (AWS), and advertising.

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GeekWire

MARCH 18, 2021

Its profits have also doubled to more than $21 billion annually , and its net sales are up 50% to $386 billion. Its cloud computing division, Amazon Web Services, powers many of the world’s online businesses, bringing in $45 billion in annual revenue and $13.5 million people. Its market value is more than $1.5

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Dataconomy

FEBRUARY 7, 2025

billion expected, according to LSEG Key revenue figures of interest included: Amazon Web Services (AWS): $28.8 billion compared to the same quarter a year earlier, and net income nearly doubled, rising from $10.6 The following details compare Amazon’s report with Wall Street expectations: Earnings per share: $1.86

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GeekWire

NOVEMBER 18, 2022

On the space front, there’s Amazon Web Services and Amazon’s Project Kuiper satellite effort, Microsoft and its partnership with SpaceX for Azure cloud services, Xplore, BlackSky , New Frontier Aerospace and Tethers Unlimited. At the roadshow, DIU representatives said $24.5

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