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The Latest Breaking News from AWS

AWS revenue growth soars once again as Amazon CEO calls for more AI

Amazon CEO Andy Jassy looks to up AWS capacity for AI even further.

AI And Cloud In Spotlight As Big Tech Earnings Roll Out

AI And Cloud In Spotlight As Big Tech Earnings Roll Out

US tech giants saw their shares fluctuate this week as investors tried to gauge whether artificial intelligence will fill coffers or drain them. Apple and Amazon on Thursday were the latest titans to see quarterly earnings scrutinized over how their core businesses are doing and whether cloud and AI strategies…

International Business Times

Amazon reports boost in quarterly profits but misses revenue estimates

Amazon reports boost in quarterly profits but misses revenue estimates

Amazon's quarterly profits has surged, but the company's revenue fell short of analysts' expectations. For the April-June period, Amazon reported earnings of $13.5 billion, exceeding the $10.99 billion anticipated by industry analysts surveyed by FactSet. This marks an increase from the $6.7 billion earned during the same period last year.…

The Times of India

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Amazon CFO blames weak sales forecast on shoppers distracted by Trump assassination attempt and Olympics

Rather than seeking comfort in clicking the "buy" button, shoppers are apparently reacting to the roller-coaster news cycle by spending less.

Amazon Quarterly Profit Doubles As Cloud Business Grows

Amazon reported Thursday its profit in the recently ended quarter doubled to $13.5 billion with the help of renewed momentum of its AWS cloud computing business.

International Business Times

Amazon sues Nokia for infringing multiple AWS cloud computing patents

Nokia has allegedly infringed upon 12 AWS patents, and Amazon is taking legal action to protect its hard work.

Global IT Giants Microsoft And AWS Face Major Outages

Learn about the recent global IT outage affecting Microsoft and AWS, emphasizing the need for robust contingency plans in cloud service management.

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3 'Strong Buy'-Rated Stocks to Buy Now on the Dip

3 'Strong Buy'-Rated Stocks to Buy Now on the Dip

These outstanding growth stocks are worth buying on the dip.

The sky’s the limit: cloud architect jobs have average salaries over $100k—in all 50 states

The sky’s the limit: cloud architect jobs have average salaries over $100k—in all 50 states

Cloud architects are in high demand—and earn over $100k—because of more sensitive data being stored in the virtual world than ever before.

Unravelling code inefficiencies to optimize CPU

Unravelling code inefficiencies to optimize CPU

Businesses are looking at new methods to optimize their computing power usage, but how?

Intel and AMD won't like that: Detailed benchmarking of Amazon Graviton4 shows fantastic performance/price — this is the biggest server CPU threat yet to x86 duopoly and it won't go away

Intel and AMD won't like that: Detailed benchmarking of Amazon Graviton4 shows fantastic performance/price — this is the biggest server CPU threat yet to x86 duopoly and it won't go away

Comprehensive benchmarking of AWS Graviton4 shows Arm processor is a threat to Intel and AMD.

Wiz Rejects Google's Billion Acquisition Bid

Wiz Rejects Google's Billion Acquisition Bid

Wiz's rejection of Google's billion offer impacts Google Cloud's growth prospects, highlighting industry competition.

Do you have AI skills? Getting a job in data engineering will likely lead you to a six-figure salary and beyond

Do you have AI skills? Getting a job in data engineering will likely lead you to a six-figure salary and beyond

Data engineers with at least 3 years of relevant work experience can easily earn six-figures at places like IBM, Meta, and Capital One.

All Eyes On AI To Drive Big Tech Earnings

All Eyes On AI To Drive Big Tech Earnings

Over the next two weeks, the quarterly results of Big Tech giants will offer a glimpse on the bankability of artificial intelligence and whether the major investments AI requires are sustainable for the long haul.

International Business Times

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Should You Add Amazon to Your Portfolio as It Hits New Highs?

Amazon.com (AMZN) is pushing the boundaries with its AI services, from government initiatives to cutting-edge consumer tools. As the tech giant integrates AI across e-commerce and cloud computing, let’s explore whether these initiatives make it a compelling addition to your investment portfolio. Keep reading….

Tom’s Hardware

AWS Graviton4 CPU benchmarked against AMD and Intel processors — faster than predecessors and more cost-effective

Amazon's Graviton4 processors bring significant performance advantages over its predecessors and can compete against AMD's EPYC 'Genoa' and Intel's Xeon 'Sapphire Rapids' in many workloads.

International Business Times UK

Amazon Prime Day Investment Challenge: Buy Stocks As Shares Trade 6X Cheaper Valuation Vs. June 2023

Amazon's price-to-earnings ratio was 53.98 as of July 15, compared to 309.88 in late June 2023. The company is rapidly reducing operational costs through robotics, AI integration, and improving worker safety.

Google found offering EU antitrust body a pretty big deal to go with its cloud views

Google accused of offering CISPE millions in cash and licensing deals to maintain its complaint against Microsoft.

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How AWS and F1 are putting AI in pole position

We explored how AI is front and center of this year's British Grand Prix through a partnership between AWS and F1.

AWS says it has trained millions of workers on key cloud skills for free

AWS wanted to train 29 million in cloud and AI by 2025, but it’s still 2024 and it has trained 31 million already.

AWS will now let you build business apps with just a single AI prompt

Amazon launches its own no-code, generative AI-powered app builder for enterprises looking to boost efficiency.

UTunnel VPN review

A business VPN that offers some interesting features

Intercoms Adapt to Changing Production Demands

The impact of IP and cloud on today’s comms

Tom’s Hardware

AI industry needs to earn $600 billion per year to pay for massive hardware spend — fears of an AI bubble intensify in wake of Sequoia report

As AI companies increase their investments in infrastructure, their revenues are not growing that fast, financial analysts note, implying that AI could become a bubble.

The US Army wants to use more AI in its everyday operations — but not for combat

AI could help the US Army process its extensive data reserves, but it doesn’t want to build its own solution.

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