Amazon S$2B Investments Into Singapore Businesses Creates Over 10,000 Indirect Jobs
Amazon invested over S$2 billion in Singapore in 2023, driving over 10,000 indirect jobs for the market and supporting thousands of local businesses.
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AWS Projects Cloud & AI to Contribute $12T to Global GDP
Amazon Web Services (AWS) estimates that cloud computing and the adoption of artificial intelligence (AI) will tremendously affect global economies, unlocking multi-trillion GDP growth opportunities.
Competition Authorities Reportedly Raid Amazon Japan
Japan’s Fair Trade Commission on Tuesday, November 26, conducted an on-site inspection of Amazon Japan on suspicion of violating antitrust laws, as reported by the media, citing an insider in the government of the Asian country.
Amazon Funds First Utility-Scale Wind Energy Projects in Greece
Amazon is developing three large wind farms in Greece, its biggest renewable energy initiative in the country.
Amazon to Invest Another $4 Billion in Anthropic
Amazon on Friday, November 22, announced that it will invest an additional $4 billion in Anthropic, a startup operating in the space of the artificial intelligence industry.
Amazon Launches Low-Cost Ecommerce Service in US
Amazon has launched a new virtual store of products priced from $20 and below.
Amazon Offers Free Computing Power to AI Researchers
Amazon’s unit, which specializes in cloud computing, announced on Tuesday, November 12, that it will offer free computing power to researchers who want to use its custom artificial intelligence chips.
Rohlik Partners With Amazon in Germany
Czech Republic-based online grocer Rohlik Group will partner with Amazon for e-grocery services in Germany.
Amazon to Invest $1.3 Billion in Italy
Amazon’s computing unit AWS on Thursday, November 7, announced its intention to invest 1.2 billion euros ($1.3 billion) in Italy over the next five years as part of efforts to expand its data center business in the country.
Prime Video’s X-Ray Recaps Use GenAI to Sum Up TV Shows
Amazon Prime Video’s new X-Ray Recaps feature uses GenAI to help viewers catch up on key plot points of their favourite shows without rewinding or risking spoilers.
Amazon Bedrock Launches New AI Models
Anthropic’s Claude 3.5 Haiku and the upgraded Claude 3.5 Sonnet, Amazon Bedrock’s latest, smartest and fastest AI models, are now generally available.
AWS Launches AI Partner Alliance
Amazon has launched an initiative to expand the reach of its Generative AI Innovation Center.
Enterprise Cloud Infrastructure Spending Surges to $84B
In Q3 2024, global enterprise spending on cloud infrastructure services was $84 billion, up 23% from the same period in 2023, with generative AI driving the market acceleration.
Amazon Reports Q3 Earnings
Amazon on last Thursday, October 31, released information about its earnings in the third quarter of the current year, which exceeded analysts’ preliminary expectations in large part due to the growth of the company’s business in the areas of cloud computing and advertising.
Amazon Introduces New Virtual Holiday Shop
Holiday shopping has just become easier and more fun with a new virtual holiday shop by Amazon.
Which Is Better: Amazon Q or Microsoft Copilot? Comparing Game-Changing AI Assistants
In the rapidly advancing realm of artificial intelligence, two groundbreaking AI companions have emerged as game-changers in the tech industry: Microsoft’s Copilot and Amazon’s Q. These cutting-edge AI-powered systems represent the pinnacle of innovation, each designed to revolutionize the way we interact with technology and streamline our daily tasks. While both aim to enhance productivity […]
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