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Science & Technology

Amazon Debuts AWS Data Transfer Terminals

Amazon Web Services (AWS) has announced that its data transfer terminal offering has become available online.

News

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.

Finance & Economics

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.

Society & Lifestyle

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.

Fintech & Ecommerce

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.

News

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.

Fintech & Ecommerce

Amazon Launches Low-Cost Ecommerce Service in US

Amazon has launched a new virtual store of products priced from $20 and below.

Science & Technology

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.

News

Rohlik Partners With Amazon in Germany

Czech Republic-based online grocer Rohlik Group will partner with Amazon for e-grocery services in Germany.

Science & Technology

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.

News

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.

News

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.

Science & Technology

AWS Launches AI Partner Alliance

Amazon has launched an initiative to expand the reach of its Generative AI Innovation Center.

Science & Technology

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.

News

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.

News

Amazon Introduces New Virtual Holiday Shop

Holiday shopping has just become easier and more fun with a new virtual holiday shop by Amazon.