Tag #Aws

Showing 13 to 18 of 18 results

cnbc.com

🌐 85% Global Worthiness

Feb 7, 01:08

AWS Q4 Revenue Growth Slows to 19%, Missing Estimates

Amazon's AWS cloud computing revenue reached nearly $29 billion in Q4 2023, growing at just under 19% year-over-year, slightly missing analyst expectations due to hardware shortages; the division remains highly profitable, contributing over half of Amazon's profit, and is heavily investing in AI.

AWS Q4 Revenue Growth Slows to 19%, Missing Estimates

Amazon's AWS cloud computing revenue reached nearly $29 billion in Q4 2023, growing at just under 19% year-over-year, slightly missing analyst expectations due to hardware shortages; the division remains highly profitable, contributing over half of Amazon's profit, and is heavily investing in AI.

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How did hardware shortages affect AWS's revenue growth in Q4 2023, and what measures is Amazon taking to address these issues?

Despite the slight slowdown, AWS remains the leading cloud infrastructure provider, outperforming Microsoft and Google. Hardware shortages, particularly in motherboards, power supplies, and processors from third-party suppliers, impacted growth. Amazon anticipates resolving these shortages by the second half of 2025.

forbes.com

🌐 75% Global Worthiness

Jan 7, 22:10

Ververica Launches Bring Your Own Cloud (BYOC) Option for Enhanced Data Control

Ververica introduced a Bring Your Own Cloud (BYOC) option for its streaming data platform on AWS Marketplace, offering enhanced data sovereignty and compliance but requiring a shared responsibility model for security and operations.

Ververica Launches Bring Your Own Cloud (BYOC) Option for Enhanced Data Control

Ververica introduced a Bring Your Own Cloud (BYOC) option for its streaming data platform on AWS Marketplace, offering enhanced data sovereignty and compliance but requiring a shared responsibility model for security and operations.

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How does Ververica's BYOC model address the challenges of cloud compliance and cost optimization?

BYOC addresses the growing need for cloud flexibility, portability, and agility. It allows organizations to leverage Ververica's platform while maintaining control over their data and cloud environment, integrating with existing infrastructure and potentially lowering costs through negotiated agreements.

forbes.com

🌐 85% Global Worthiness

Dec 6, 22:11

AWS re:Invent 2024: AI Infrastructure and Enterprise ROI Take Center Stage

AWS's re:Invent 2024 showcased its expanding AI infrastructure, including the Trainium2 chip and Project Rainier supercomputer, while also highlighting enterprise examples of successful AI ROI, indicating a market shift towards focused "micro AI" applications rather than generalized solutions.

AWS re:Invent 2024: AI Infrastructure and Enterprise ROI Take Center Stage

AWS's re:Invent 2024 showcased its expanding AI infrastructure, including the Trainium2 chip and Project Rainier supercomputer, while also highlighting enterprise examples of successful AI ROI, indicating a market shift towards focused "micro AI" applications rather than generalized solutions.

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How are enterprises like Novo Nordisk achieving tangible ROI from AI implementation, and what broader trends does this exemplify?

AWS's strategy combines internal chip development (Graviton, Trainium) with partnerships, securing its position in the rapidly expanding AI cloud market. The showcased enterprise examples, including Novo Nordisk's NovoScribe, demonstrate a shift towards targeted "micro AI" solutions focused on specific ROI-driven use cases, rather than generalized AI applications. This contrasts with the initial hype surrounding generalized AI.

cnbc.com

🌐 85% Global Worthiness

Jan 29, 19:11

Amazon: Wall Street's Top Pick for Q4 Earnings

Multiple Wall Street firms predict strong Q4 2024 earnings for Amazon, citing robust e-commerce growth, record delivery speeds, expanding advertising revenue, and AWS's AI-driven expansion as key factors; however, potential new tariffs and elevated expectations for AWS pose risks.

Amazon: Wall Street's Top Pick for Q4 Earnings

Multiple Wall Street firms predict strong Q4 2024 earnings for Amazon, citing robust e-commerce growth, record delivery speeds, expanding advertising revenue, and AWS's AI-driven expansion as key factors; however, potential new tariffs and elevated expectations for AWS pose risks.

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What are the key factors driving Wall Street's bullish outlook on Amazon's Q4 earnings, and what are the immediate implications for investors?

Amazon is Wall Street's top pick among megacap tech companies for Q4 earnings, driven by steady e-commerce growth, increasing advertising revenue, cost reductions, and robust AWS cloud business fueled by AI. Multiple firms, including Roth MKM, Barclays, and Cantor Fitzgerald, have issued buy ratings with high price targets.

elmundo.es

🌐 85% Global Worthiness

Dec 20, 04:10

Amazon's €15.75 Billion Aragón Data Center Project

Amazon Web Services will invest €15.75 billion in five new data centers in Aragón, Spain, starting land purchases in late 2025 and aiming for operational status by Q2 2027, with projected completion by 2034.

Amazon's €15.75 Billion Aragón Data Center Project

Amazon Web Services will invest €15.75 billion in five new data centers in Aragón, Spain, starting land purchases in late 2025 and aiming for operational status by Q2 2027, with projected completion by 2034.

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What is the immediate economic impact of Amazon's data center project on Aragón?

Amazon Web Services plans a €15.75 billion investment in Aragón, Spain, over the next decade, constructing five new data centers. This will involve purchasing 400 hectares of land and building extensive infrastructure, including fiber optic networks, and water recycling systems. Initial land purchases are slated for the second half of 2025.

cnbc.com

🌐 85% Global Worthiness

Dec 3, 22:11

Apple Uses Amazon AI Chips, Signals Shift Away from Nvidia

Apple revealed at AWS Reinvent that it uses Amazon's Inferentia and Graviton chips for search services, achieving a 40% efficiency increase, and is evaluating Trainium2 for pre-training its Apple Intelligence models, potentially improving efficiency by up to 50%.

Apple Uses Amazon AI Chips, Signals Shift Away from Nvidia

Apple revealed at AWS Reinvent that it uses Amazon's Inferentia and Graviton chips for search services, achieving a 40% efficiency increase, and is evaluating Trainium2 for pre-training its Apple Intelligence models, potentially improving efficiency by up to 50%.

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What is the significance of Apple using Amazon's AI chips for its services and model pre-training?

Apple uses Amazon Web Services' custom AI chips for services like search, resulting in a 40% efficiency gain. This collaboration also involves evaluating Amazon's Trainium2 chip for pre-training Apple Intelligence models, potentially achieving up to a 50% efficiency improvement.

Showing 13 to 18 of 18 results