Tag: Amazon

Big Tech braces for EU Digital Services Act regulations

Big Tech is ready for the EU Digital Services Act rules

The comprehensive Digital Services Act (DSA) of the European Union imposes new regulations on content moderation, user privacy, and transparency, putting more than a dozen of the largest internet businesses…

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Amazon builds an AWS cloud area and invests $7.2 billion in Israel

Amazon builds an AWS cloud area and invests $7.2 billion in Israel

Amazon.com debuted its Amazon Web Services (AWS) data centers in Israel on Tuesday and announced plans to invest nearly $7.2 billion there through 2037. The country's government will be able…

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Big Tech under pressure as Microsoft results put AI costs in spotlight

Microsoft’s results placed AI costs in the limelight, putting pressure on Big Tech.

As Microsoft's results showed how the high-stakes competition for AI supremacy could cost the IT giants, whose shares have risen in recent months on hype surrounding the technology, a number…

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Amazon is building a $120 million processing facility at NASA's Kennedy Space Center in Florida for its thousands of planned Kuiper internet satellites, the company and state officials said Friday. The 100,000 square-foot building is part of the roughly $10 billion that Amazon has vowed to invest in its Kuiper project, a planned network of 3,200 low Earth-orbiting satellites designed to beam broadband internet globally.

In Florida, Amazon is building a $120 million satellite processing facility.

According to the corporation and state officials, Amazon is investing $120 million in a processing facility at NASA's Kennedy Space Center in Florida for its thousands of future Kuiper broadband…

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Amazon Inc. posted quarterly sales and profit on Thursday that were ahead of estimates, expressing confidence in its cloud business despite a slowdown in consumer spending and highlighting how its ambitious cost-cutting measures were beginning to bear fruit.

Amazon income increases because to solid online demand and a strong cloud.

Amazon Inc. posted quarterly sales and profit on Thursday that were ahead of estimates, expressing confidence in its cloud business despite a slowdown in consumer spending and highlighting how its…

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Britain will use new legal authority to combat Big Tech

Britain will use new legal authority to combat Big Tech

On Tuesday, Britain said that it would propose a new rule to limit the ability of large tech firms like Google, Facebook, and Amazon to hinder competition in digital markets.…

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After a brief interruption, Amazon services AWS and Alexa are back online.

After a brief outage on Sunday, Amazon announced that both its voice assistant service Alexa and its cloud computing business Amazon Web Services (AWS) were operational once again. According to…

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Amazon Inc. posted quarterly sales and profit on Thursday that were ahead of estimates, expressing confidence in its cloud business despite a slowdown in consumer spending and highlighting how its ambitious cost-cutting measures were beginning to bear fruit.

Amazon Web Services collaborating with Hugging Face to target AI developers

Amazon Web Services (AWS), the cloud computing arm of Amazon.com Inc, on Tuesday said it is collaborating with startup Hugging Face, a software development hub, to make it easier to…

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ChatGPT and other AI technologies.

ChatGPT launches thriving in AI-written e-books on Amazon

Until recently, Brett Schickler never imagined he could be a published author, though he had dreamed about it. But after learning about the ChatGPT artificial intelligence program, Schickler figured an opportunity…

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Meta, Microsoft New Obsession With Artificial Intelligence; AI’s big Moment is Here

Big Tech companies have a new obsession: artificial intelligence. This week, chief executives across the sector packed earnings calls with mentions of the heavily hyped technology, which until recently existed…

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