Amazon Web Services

Tesla Inc. CEO Elon Musk is impressed by the sheer size of Jeff Bezos‘ Amazon.com Inc.'s (NASDAQ:AMZN) cloud computing business, Amazon Web Services (AWS) after the company's first-quarter earnings came in on Tuesday. What Happened: Musk expressed astonishment after a user, Charlie Bilello,...

Amazon.com Inc (NASDAQ:AMZN) CEO Andy Jassy has expressed optimism about the future of the company’s Amazon Web Services or AWS during the first-quarter 2024 earnings call. What Happened: On Tuesday, during the call, Jassy highlighted the potential for AWS, stating...

In a notable advancement for the cannabis industry, innovative startup Prelude has successfully closed its $5.2 million seed funding round. This investment, a joint effort from venture capitalists with deep roots in both artificial intelligence (AI) and the cannabis sectors, is allocated for...

CrowdStrike (NASDAQ:CRWD), the cloud-based and AI-powered cybersecurity platform, is poised to report quarterly earnings after the market close on Tuesday, and analysts believe the numbers will be impressive. CrowdStrike’s share price has doubled over the year so far, rising from $105.29 on...

Amazon.com, Inc. (NASDAQ:AMZN) is stepping into the generative AI arena with a new product called Bedrock, which offers its Amazon Web Services (AWS) clients the ability to use and adapt generative AI tools for their needs. Starting Thursday, AWS is making this on-demand AI service — first...

German auto giant BMW (OTC:BMWYY) will leverage Amazon‘s (NASDAQ:AMZN) cloud computing technology for the development of semi-autonomous driving features in its forthcoming electric vehicles (EVs), CNBC reported. This collaboration was announced on Tuesday. BMW aims to enhance the technology...

Vitalik Buterin, co-founder of Ethereum (CRYPTO: ETH), addresses the issue of Ethereum’s node centralization and suggests it could take up to two decades to find a perfect solution for this challenge. As per Cointelegraph on Monday, Buterin highlights that the centralization of nodes is a...

This story was published on the Benzinga India Portal. Microsoft Corporation's (NASDAQ: MSFT) Indian arm is shaking things up in its upper ranks, with several key executives being promoted. What Happened? Amid a major rejig at the tech major’s operations, the India business...

Ecommerce leader Amazon.com Inc (NASDAQ: AMZN) is valued at over $1.25 trillion in 2023. In 2003, the Seattle-based company was unprofitable and valued at less than $1 billion, but every business has to start somewhere. Here’s a look back at the Amazon IPO and how much investors could have...

This story was originally published on the Benzinga India portal. In an ambitious move, Amazon (NASDAQ: AMZN) announced on Thursday its plans to pour $12.7 billion to bolster its cloud infrastructure in India by 2030. This comes as the e-commerce behemoth redoubles efforts to...

Leading ecommerce company Amazon.com Inc (NASDAQ: AMZN) is one of the most valuable companies on the face of the earth. Years ago, the company was unprofitable and valued at less than $500 million. While it’s hard to believe the company once was that small, every great company has to start...

Ecommerce and technology giant Amazon.com Inc (NASDAQ: AMZN) reported first quarter financial results after market close Thursday. The Amazon Analysts: Oppenheimer analyst Jason Helfstein has an Outperform rating and raises the price target from $125 to $130. Morgan Stanley analyst Brian Nowak has...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk said at the company's first-quarter earnings call on Wednesday that the automaker's supercomputer Dojo's "potential is very significant." What Happened: Musk said that Tesla is "putting a lot of effort" into Dojo and believes that it has the "potential for an...

Twitter‘s cost-cutting drive under Elon Musk has resulted in lawsuits and layoffs, and while many partners are antagonized, Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) reportedly remains an exception.  What Happened: Ever since Musk acquired Twitter in October last year, the microblogging site...

WeTransfer, a digital file-sharing service, is teaming up with blockchain platform Minima for a non-fungible token (NFTs) initiative.  The integration will allow users to create NFTs straight from their mobile devices, CoinDesk reported. Layer 1 blockchain Minima is designed for mobile use and...