How Amazon, which took a measured tone on AI, went from an AI also-ran to a real contender, thanks to $200B in spending, a bet on custom chips, and savvy deals
The pieces are coming together for AWS's AI strategy, thanks to $200 billion in spending, custom chips and savvy deals
Sources: Anthropic is in early talks to buy AI inference chips from UK-based Fractile when they become available in 2027
As Anthropic's sales explode, straining the servers it uses, the company is considering adding another source of AI server chips in addition to existing suppliers Google, Amazon and Nvidia.
Pushing back on AI job loss fears, AWS CEO Matt Garman says Amazon plans to hire 11,000 software engineering interns in 2026, a figure in line with recent years
Amazon launches its first smart warehouse in Shenzhen, aiming to cut local merchant storage costs by up to 45% as competition with Shein and Temu intensifies
Amazon expands China push with smart warehouse model, aiming to retain sellers amid rising competition from Temu and Shein
Annual letter: Andy Jassy says AWS' AI revenue has hit a $15B annual run rate as of Q1 and that Amazon's internal chips business is generating $20B+ per year
taking a shot at NvidiaTelecompaper:Amazon CEO defends huge AI investments, confirms Leo launch in mid-2026Wajeeh Khan /Barchart.com:As Amazon Takes on Chipmakers, Should You Buy AMZN Stock Here?Nick ...
Annual letter: Andy Jassy says AWS' AI revenue has hit a $15B annual run rate as of Q1 and that Amazon's internal chips business is generating $20B+ per year
Andy Jassy's new letter to Amazon shareholders is a data-heavy defense of the tech giant's biggest bets — from AI and custom chips …
Sources: Amazon's “sponsored prompts” for its Rufus AI shopping assistant are driving significantly lower traffic than its traditional ads, but they cost less
At an all-hands, Andy Jassy said he expects AI to help AWS reach $600B in annual sales by 2036, double his prior estimate; AWS had revenue of $128.7B in 2025
Amazon O> CEO Andy Jassy said during an internal all-hands meeting he expects artificial intelligence could help cloud computing …
OpenAI says ChatGPT has 900M+ weekly active users, 50M+ consumer subscribers, and weekly Codex users have more than tripled since the start of the year to 1.6M
openai.com/index/scalin... …George Pearkes /@peark.es:OpenAI round from strategic partners. — $110bn raised, $730bn valuation. $30B from SoftBank, $30B from NVIDIA, and $50B from Amazon. — More i...