TD Cowen raised its Amazon Web Services (AWS) revenue estimate to $165 billion for 2026, 3% above Wall Street consensus, and to $222 billion for 2027, 11% above consensus, citing generative AI tailwin…
Drew Henry, EVP of Arm's Physical AI Business Unit, argues that robotics, humanoids, and autonomous vehicles represent one of the hardest systems-engineering problems in computing, with the physical e…
Amazon Web Services engineers were reportedly told in May to reduce CPU waste and reclaim underused EC2 capacity as demand for general-purpose compute rises alongside AI deployments, with some interna…
Amazon's custom chip business, spanning Trainium and Graviton, has exceeded a $25 billion annual revenue run rate with triple-digit year-over-year growth, according to Amazon CEO Andy Jassy. Trainium3…
Amazon.com Inc. reported AWS revenue rose 37% to $42.2 billion in the second quarter, its fastest growth in 18 quarters, and raised its 2026 capital expenditure plan to about $220 billion from roughly…
AWS has reached a $169 billion annualized revenue run rate, with its AI business alone now exceeding $25 billion and growing triple-digit percentages year over year, according to Amazon CEO Andy Jassy…
Amazon's Q2 2026 earnings release contains misleading claims, including that its AWS coding agent Kiro is 'available on iOS' when it is still in limited TestFlight beta, and its AWS operating margin o…
Amazon reported better-than-expected second-quarter earnings with net sales up 20% and AWS revenue rising 37% year over year to $42 billion, sending its stock up nearly 10% in after-hours trading. The…
AWS EC2 compute is evolving to meet demand from agentic AI and physical AI workloads, with customers using AMD-based instances for AI inference alongside traditional HPC tasks, according to Art Baudo,…
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…