GeekWire

JULY 1, 2024

Tomo Photo) — Carey Schwaber Armstrong , the former Zillow exec who co-founded real estate startup Tomo four years ago, has stepped down from the company. The company raised $40 million at a $640 million valuation in 2022 but laid off staff later that year amid a rocky real estate market. The company raised a $33.1

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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. Anthropic makes large-scale AI models and a chatbot called Claude. ”

Artificial Intelligence 138

Artificial Intelligence Google Microsoft Web Services 138

GeekWire

OCTOBER 26, 2023

Net income was $0.94 Amazon’s cost-cutting moves over the past year, including thousands of layoffs and tightening of its fulfillment network, appear to be helping improve the company’s bottom line as it manages macroeconomic forces such as inflation and interest rates. Amazon reported $143.1 per share, or $9.9

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Artificial Intelligence Web Services Advertising Airlines 108

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. The company is investing heavily in data center infrastructure to power its AI services. From 2020 to 2023, the company’s carbon impact rose 13%.

Energy 113

Energy Data Center .Net Google 113

GeekWire

JULY 25, 2023

The result, posted Tuesday as part of its parent company Alphabet’s quarterly earnings , followed Google Cloud’s first-ever profit of $191 million in the first quarter of this year. billion, with net income of $18.4 based company topped Wall Street’s expectations across the board.

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GeekWire

APRIL 8, 2024

(GeekWire Photo / Todd Bishop) Amazon’s employment in Washington state, including warehouse and corporate workers, fell by 3,000 people to 87,000 employees between early 2023 and early 2024 — its first recorded year-over-year employment decline in the state since the company was founded nearly 30 years ago in Jeff Bezos’ Bellevue garage.

.Net 119

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GeekWire

DECEMBER 2, 2021

The Seattle-area software company set records “on multiple financial and operational levels,” CEO Mark Mader said in a statement following a third quarter earnings report. million and non-GAAP net loss per share was $0.03, beating expectations. million people and 100,000 companies now use its platform.

Adobe 121

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GeekWire

OCTOBER 28, 2021

Net sales rose 15% to $110.8 billion, toward the high end of the company’s prior guidance, missing analyst expectations of $111.6 For the fourth quarter, Amazon is projecting net sales between $130 billion and $140 billion, or an increase of 4% to 12% from a year earlier. For the third quarter, Amazon posted earnings of $6.12

.Net 121

.Net Web Services Advertising Retail 121

CIO Business Intelligence

JULY 28, 2022

We recently connected with Corriero to learn about IT Vortex’s commitment to the Zero Carbon Committed Initiative, what motivated the company to radically lower its carbon footprint, and why environmentally-friendly IT solutions are crucial. We’re very much focused on our customers’ needs now and in the future,” says Corriero.

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GeekWire

MAY 5, 2021

Amazon’s stock price soared last year to record-highs amid the pandemic as the company’s e-commerce, cloud computing, and advertising arms have boomed. Bezos is the world’s richest person, currently with a net worth of $191 billion, according to Bloomberg. 16, according to the company’s annual proxy statement.

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.Net Web Services Advertising Education 133

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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Report Cloud .Net Artificial Intelligence 89

The Verge

FEBRUARY 2, 2021

Amazon CEO Jeff Bezos will step down as CEO and transition to a new position at the company as executive chair of the Amazon board in Q3 2021. Andy Jassy , who currently serves as CEO of Amazon Web Services (AWS), will replace Bezos as Amazon CEO. Jassy is a familiar face at the company, having joined back in 1997.

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Web Services Energy Internet Retail 139

CIO Business Intelligence

OCTOBER 27, 2023

billion in the September quarter despite the company still experiencing elevated cost optimization efforts from customers when compared to the same period last year. However, Amazon CEO Andy Jassy said that these cost optimization efforts have continued to “attenuate as more companies transition to deploying net new workloads.”

Web Services 142

Web Services Cloud .Net Energy 142

GeekWire

APRIL 30, 2024

were the first to be powered by the company’s Azure Cobalt 100 CPU, as part of a broader cloud infrastructure buildout. The big question, long-term, is whether demand for AI services will be worth the investment for each company. These servers inside a Microsoft data center in Quincy, Wash., What about Amazon?

Microsoft 126

Microsoft Google Cloud Artificial Intelligence 126

CIO Business Intelligence

AUGUST 21, 2024

Global insurance company A large insurance company adopted a cloud-based document management system to enable paperless operations around the world and simplify regulatory compliance. The IT team worked closely with business users to build a solution “in which paper wasn’t part of the process,” the company’s SVP and CIO said.

Case Study 105

Case Study Study Enterprise Enterprise 105

The Verge

FEBRUARY 2, 2021

Amazon founder and soon-to-be-former CEO Jeff Bezos is stepping down from his role , making way for Amazon Web Services CEO Andy Jassy to take his place, and the company couldn’t be in better shape financially for the big transition. Amazon’s full-year 2020 net sales were up 38 percent, to $386.1

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.Net Web Services Financial Research 93

GeekWire

JULY 29, 2021

While the company typically doesn’t disclose detailed Prime Day financial results, its overall numbers will provide new clues about how things went. What to watch in the numbers: Wall Street expects Amazon to report overall net sales of $115 billion , on average, a 29% increase year-over-year. per share a year ago.

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GeekWire

OCTOBER 16, 2024

by 2039 — a goal the companies deemed “the largest commercial deployment target” of its kind. data center hub, and electricity demands in the region are expected to spike 85% over the next 15 years, the companies report. Virginia is a U.S.

Energy 113

Energy Data Center Construction Artificial Intelligence 113

GeekWire

APRIL 27, 2023

An Amazon delivery van at the company’s headquarters in Seattle. But its stock was down more than 2% later on Thursday after the company’s earnings call with analysts. But its stock was down more than 2% later on Thursday after the company’s earnings call with analysts. Net income was $0.31 billion.

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Advertising Web Services Report .Net 131

GeekWire

MARCH 27, 2024

In 2019, then-CEO Jeff Bezos vowed the company would become carbon neutral by 2040 and created the Climate Pledge — an effort that calls on other corporations to join it in slashing their greenhouse gas emissions. Since that time, the company’s carbon footprint has increased by 39%.

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GeekWire

FEBRUARY 22, 2023

billion acquisition of primary care company One Medical. The deal, announced in July, will significantly boost Amazon’s growing healthcare footprint, which includes Amazon Pharmacy and the recently launched telehealth service Amazon Clinic. billion in revenue last year, up 68% from the year prior, with a net loss of $144.1

Healthcare 102

Healthcare Web Services .Net Journal 102

GeekWire

JANUARY 24, 2023

Common use cases include divorce disputes between high net-worth individuals, insurance companies auditing for Medicare fraud, and chapter 11 bankruptcies. The company’s investors include Capital Midwest, which led the seed round, in addition to First Trust Capital, CPA.com, Green Cow VC and others. That follows a $6.3

Financial 114

Financial Web Services Insurance .Net 114

Vox

SEPTEMBER 21, 2021

While the fundraising effort is certainly notable, Bezos’s commitment to protecting the environment serves as a stark reminder that much of his legacy and largely untaxed fortune was built by companies that have staggering carbon footprints. Meanwhile, Amazon Web Services (AWS) uses massive amounts of energy to keep its servers online.

Energy 145

Energy Web Services .Net Data Center 145

CIO Business Intelligence

JUNE 11, 2024

Pegasystems has announced plans to expand the capabilities of its Pega GenAI enterprise platform by connecting to both Amazon Web Services (AWS) and Google Cloud large language models (LLMs). Also, companies may have existing preferences for which language models they prefer.

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Google Artificial Intelligence Applications Government 114

GeekWire

FEBRUARY 2, 2021

Amazon Web Services chief Andy Jassy will replace Bezos, who founded Amazon 27 years ago. The company recorded a whopping $386 billion in annual revenue last year. The company recorded a whopping $386 billion in annual revenue last year. Here’s a quick breakdown of the company’s financials from the quarter.

Web Services 110

Web Services Advertising .Net Report 110

GeekWire

MARCH 26, 2021

The longtime NBA player, who last played for the Brooklyn Nets during the 2019 season, was a standout player at Seattle’s Rainier Beach High School in the late 1990s. You can still get one on Amazon for $350 and the company posted $224 million in revenue during the third quarter. BlackBerry has lasted just as long.

Web Services 140

Web Services .Net Groups Video 140

GeekWire

JUNE 30, 2021

But at the same time, the company last year lowered its carbon intensity, a measure of carbon pollution per dollar earned, edging slightly towards its pledged goal to reduce its net carbon footprint to zero by 2040. The company, which employs more than 1 million people worldwide, posted record revenue of $386 billion last year.

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Report .Net Energy Nonprofit 97

GeekWire

AUGUST 18, 2020

Walmart’s ecommerce business in the United States grew 97% in the company’s second fiscal quarter, ended July 31, the retail giant reported Tuesday morning. net sales for the first time, according to GeekWire’s calculations, based on Walmart’s current and past financial results. .” billion, or $2.29/share.

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Retail .Net Web Services Trends 142

Network World

NOVEMBER 4, 2024

Misconfigurations: In the public cloud model, the hyperscalers (such as Amazon Web Services, Google Cloud, and Microsoft Azure) are responsible for protecting their own infrastructure, but the enterprise using them — you — is responsible for properly configuring and managing its own data in the cloud. What is my biggest pain point?

Disaster Recovery 158

Disaster Recovery Cloud Data Backup 158

GeekWire

AUGUST 3, 2023

Net income was $0.65 billion in the year-ago quarter and well above the high end of analyst estimates and the company’s guidance. Recent changes to the company’s shipping fulfillment network, including better inventory placement, have also resulted in decreased costs, said Amazon CFO Brian Olsavsky on a call with reporters.

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Advertising Report Web Services Cloud 97

GeekWire

AUGUST 5, 2023

As the retail, cloud and entertainment giant strives to reach net zero carbon emissions by 2040, most of its carbon cuts so far have come from its shift to renewables. ” Charley Daitch, the Amazon Web Services director of energy and water strategy. . They’re not used to people like us — companies.

Energy 96

Energy Data Center Web Services .Net 96

GeekWire

JULY 20, 2020

Amazon has become one of the top beneficiaries of social distancing mandates amid the COVID-19 pandemic as more people rely on its online store, cloud computing services, digital media offerings, and more amid the pandemic. The company is currently valued at more than $1.5 trillion, with shares trading around $3,150 on Monday.

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Web Services .Net Report Survey 117

The Verge

JULY 29, 2021

But there was one spot investors are happy to see, and it helps to explain the company’s recent executive shuffle. Amazon Web Services did $14.8 billion in net sales, up 37 percent year over year. As for the rest of Amazon, the concern from investors over a company that merely made $113.1 AWS is picking up speed.

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.Net Web Services Company Cloud 91

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. Who’s going to have that deeper moat?

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Programming Artificial Intelligence Engineering Google 92

GeekWire

MAY 8, 2020

Amazon took a swipe at Microsoft’s cloud computing technology performance this week, calling out the company’s “spotty operational performance during the COVID-19 crisis.”. Amazon Web Services has long been the cloud infrastructure market leader, though Microsoft Azure has gained momentum in recent years.

Microsoft 89

Microsoft Web Services Cloud .Net 89

GeekWire

SEPTEMBER 28, 2023

based company is acting as a guinea pig and testing greener alternatives to conventional concrete. The alternatives can cut the concrete’s carbon footprint in half, according to the company. “It The company is looking for ways to help Blue Planet scale its operations. So the Redmond, Wash.-based

Data Center 95

Data Center Microsoft Data Construction 95

GeekWire

AUGUST 24, 2020

Cloud computing startup Snowflake Computing filed for an IPO on Monday, revealing its financial data for the first time as the company prepares to go public. based company said it more than doubled revenue to $242 million in the first half of 2020, with a net loss of $171.3 The San Mateo, Calif.-based Slootman owns 5.9%

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