OpenCV released Cloud-Optimized OpenCV (COOL) on the AWS Marketplace for Graviton 2/3/4 instances, delivering up to 30% throughput gains and 1.8x speedups on core functions. The pre-built AMI eliminat…
Amazon invested an additional $5 billion into Anthropic, with up to $20 billion more tied to milestones, bringing the total potential commitment to $33 billion. In return, Anthropic pledged over $100 …
Spotify reported 250% better performance on Google Cloud Axion processors built on Arm architecture, as hyperscalers like AWS, Microsoft, and Google shift to Arm-based compute for AI workloads. Arm's …
Pinterest committed $4 billion to Amazon Web Services for cloud services through 2031, the largest infrastructure deal in the company's history, to power AI-driven visual search and personalization fo…
Pinterest committed $4 billion to Amazon Web Services for cloud and AI infrastructure through 2031, marking the company's largest infrastructure deal to date. The agreement expands Pinterest's use of …
Snowflake CEO Sridhar Ramaswamy reported a blowout first quarter with 33% year-over-year revenue growth, the fastest pace in two years, sending shares up 36% and extending five-day gains past 50%. The…
Snowflake reported $1.39 billion in revenue for the first quarter of fiscal 2027, a 33% year-over-year increase, with product revenue reaching $1.33 billion. The company also announced a $6 billion mu…
Snowflake Inc. shares surged as much as 36% on Thursday, their biggest intraday gain since September 2020, after the software maker raised its annual product revenue outlook to $5.84 billion and signe…
Snowflake has committed $6 billion to purchase AWS Graviton CPUs and AI accelerators, betting that the cloud convenience and AI-accelerated insights will justify the massive expense. The data warehous…
Snowflake signed a $6 billion five-year agreement with Amazon Web Services on Wednesday, securing expanded access to AWS's homegrown Graviton CPU chips for AI workloads. The deal, which nearly matches…
AWS launched Redshift instances powered by Graviton processors, claiming a 7x speed improvement for its data warehouse. The company attributed the performance gain to a surge in queries driven by AI a…
AWS released new Redshift data warehouse instances powered by its custom Graviton processors, claiming the chips deliver up to seven times faster query performance than previous x86-based options. The…
Acceldata claimed its Autonomous Data & AI Platform signals "the end of the data lakehouse era," arguing that lakehouse architecture designed for human access fails in the agentic era. AWS launched Am…