Amazon.com mulls new multi-billion dollar investment in Anthropic: Report
4 months, 2 weeks ago

Amazon.com mulls new multi-billion dollar investment in Anthropic: Report

The Hindu  

Amazon is in talks for its second multi-billion dollar investment in artificial intelligence startup Anthropic, the Information reported on Thursday, citing a person familiar with the matter. The cloud services giant announced an investment of $4 billion in the OpenAI rival in September last year, saying its customers would gain early access to Anthropic's technology. Amazon has asked Anthropic, which uses Amazon's cloud services to train its AI model, to use a large number of servers powered by chips developed by the cloud computing major, the report said. Anthropic, which was co-founded by former OpenAI executives and siblings Dario and Daniela Amodei, last year said it had secured a $500 million investment from Google-parent Alphabet, which promised to invest another $1.5 billion over time.

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History of this topic

Amazon's AWS forms new group focused on agentic AI
2 weeks, 5 days ago

Amazon's AWS forms new group focused on agentic AI

The Hindu  

Amazon.com has formed a new group focused on agentic artificial intelligence, according to an internal email viewed by Reuters on Tuesday. The new group will be led by AWS executive Swami Sivasubramanian, the email, from AWS CEO Matt Garman, said. "Agentic AI has the potential to be the next multi-billion business for AWS," Garman wrote. "We have the opportunity to …

AI firm Anthropic valued at $61.5 billion in funding round
2 weeks, 6 days ago

AI firm Anthropic valued at $61.5 billion in funding round

The Hindu  

Anthropic on Monday announced it has raised $3.5 billion in a funding round that valued the artificial intelligence startup at $61.5 billion. The funding round was led by Lightspeed Venture Partners, and the list of those taking part included Salesforce Ventures, Fidelity Management, and Bessemer Venture Partners, according to Anthropic. Along with Claude 3.7 Sonnet, the San Francisco-based company made …

Amazon Web Services to invest $8.2 billion in India in the next 4-5 years: IT minister Ashwini Vaishnaw
2 weeks, 6 days ago

Amazon Web Services to invest $8.2 billion in India in the next 4-5 years: IT minister Ashwini Vaishnaw

India Today  

Amazon Web Services, Amazon’s cloud computing arm, is planning to invest approximately $8.2 billion in Maharashtra over the coming years, the Ministry of Electronics and Information Technology announced on Monday. At its annual Smbhav event in December 2024, Amazon India’s country manager Samir Kumar announced that in four years, Amazon would be able to “digitise 10 million small businesses”, and …

Donald Trump’s ‘investment announcement’ coming at 12:00 am IST—What could it be?
3 weeks ago

Donald Trump’s ‘investment announcement’ coming at 12:00 am IST—What could it be?

Live Mint  

US President Donald Trump is set to make an "investment announcement" at 1:30 p.m. TSMC’s growing investment in the US TSMC has been ramping up its US semiconductor production: In April, the company increased its planned U.S. investment to $65 billion, adding a third factory in Arizona by 2030. Major tech investments since Trump's return to office Since Trump's second …

Amazon unveils its first quantum computing chip
Trending News
3 weeks, 4 days ago

Amazon unveils its first quantum computing chip

Live Mint  

Amazon.com’s cloud-computing business on Thursday unveiled its first-ever quantum computing chip, which it claims marks an important step in the development of useful, reliable quantum computers. Amazon’s Ocelot chip is a prototype, not a “full-blown quantum system," said Oskar Painter, head of quantum hardware for AWS. Amazon has created a new approach for quantum error correction, said Paul Smith-Goodson, a …

Anthropic close to $3.5 billion fundraise, sources say
3 weeks, 6 days ago

Anthropic close to $3.5 billion fundraise, sources say

The Hindu  

AI startup Anthropic is seeking $3.5 billion in a funding round that would value it at $61.5 billion, two sources familiar with the matter told Reuters on Monday. The startup behind the Claude chatbot could receive backing from venture firms Lightspeed Venture Partners, General Catalyst and Bessemer Venture Partners, the sources said. The funding round would be larger than the …

Anthropic sees revenue potentially soaring to $34.5 billion in 2027: Report
1 month, 1 week ago

Anthropic sees revenue potentially soaring to $34.5 billion in 2027: Report

The Hindu  

Anthropic projects its revenue could reach as high as $34.5 billion in 2027, technology news website The Information reported on Wednesday, with the AI startup racing to catch up with Microsoft-backed OpenAI. In a base case scenario, Anthropic said revenue would reach $12 billion in 2027, up from $2.2 billion in 2025, the report said. The company told investors it …

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China
Trending News
1 month, 2 weeks ago

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China

Firstpost  

Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed steep increases in AI-related capital spending. Microsoft and Google’s market values dropped by $200 billion as their cloud divisions reported weaker growth Microsoft CEO Satya Nadella reaffirmed his commitment to spending $80 billion to expand Azure, emphasising the importance of capitalising on its early …

Amazon share price drops after key division misses earnings as investors get ‘jitters’ over AI spending
1 month, 2 weeks ago

Amazon share price drops after key division misses earnings as investors get ‘jitters’ over AI spending

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Tech giant Amazon has seen …

Amazon pours fuel on Big Tech spending after DeepSeek panic
1 month, 2 weeks ago

Amazon pours fuel on Big Tech spending after DeepSeek panic

Live Mint  

There’s stepping on the gas, and then there’s flooring it. Amazon didn’t give a precise forecast but said the $26.3 billion of capital spending in the latest quarter was a run rate that will be “reasonably representative" of what the company will spend this year. Microsoft’s quarterly report last week has analysts now expecting total capital spending of nearly $94 …

Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter
1 month, 2 weeks ago

Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter

The Hindu  

Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current quarter. During a call with analysts on Thursday, Amazon CEO Andy Jassy said capital expenditures for the quarter came out to $26.3 billion, most of which was geared towards AI and AWS. “I …

Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter
1 month, 2 weeks ago

Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter

Associated Press  

Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current quarter. During a call with analysts on Thursday, Amazon CEO Andy Jassy said capital expenditures for the quarter came out to $26.3 billion, most of which was geared towards AI and AWS. “I …

Amazon Web Services to invest Rs.60,000 crore in Telangana to expand data centres
2 months ago

Amazon Web Services to invest Rs.60,000 crore in Telangana to expand data centres

The Hindu  

Tech behemoth Amazon Web Services agreed to invest Rs.60,000 crore in data centres in Telangana. 60,000 crore investment at a meeting between senior executives from Amazon Web Services represented by Michael Punke, vice president, AWS Global Public Policy and A. Revanth Reddy, Chief Minister and D. Sridhar Babu, IT and Industries Minister at World Economic Forum annual conference 2025 in …

French AI Champion Mistral Isn’t for Sale, CEO Mensch Says
2 months ago

French AI Champion Mistral Isn’t for Sale, CEO Mensch Says

Live Mint  

-- European artificial intelligence champion Mistral AI is “not for sale” and instead is working toward an initial public offering, according to Chief Executive Officer Arthur Mensch. “Of course that’s the plan,” Mensch said on Bloomberg TV Tuesday when asked about a potential IPO for the French AI startup. Last year, it raised €600 million from investors including General Catalyst, …

Amazon's AWS to invest $11 billion in Georgia to boost AI infrastructure development
2 months, 2 weeks ago

Amazon's AWS to invest $11 billion in Georgia to boost AI infrastructure development

The Hindu  

Amazon.com said on Tuesday that its cloud computing division, Amazon Web Services, plans to invest about $11 billion to expand its infrastructure in Georgia to support cloud computing and AI technologies. Big Tech companies are pouring billions into artificial intelligence, highlighting the growing need for robust data centers and advanced infrastructure to support AI-driven innovations and cloud services. This surge …

Anthropic to raise $2 billion in deal valuing AI startup at $60 billion: Report
2 months, 2 weeks ago

Anthropic to raise $2 billion in deal valuing AI startup at $60 billion: Report

The Hindu  

AI startup Anthropic is in advanced talks to raise $2 billion in a deal valuing the OpenAI rival at $60 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Amazon.com late last year doubled its investment in the startup to $8 billion, as the e-commerce giant went up against Big Tech rivals in a race …

Apple planning to use Amazon's latest AI chips to train upcoming Apple Intelligence models
3 months, 2 weeks ago

Apple planning to use Amazon's latest AI chips to train upcoming Apple Intelligence models

Firstpost  

Apple has been using Amazon’s Trainium and Graviton chips to improve search functionality, achieving a 40 per cent boost in performance. Now, the company is evaluating Amazon’s Trainium2 chips for pre-training new AI models AWS’s new servers are set to launch next year, alongside NVIDIA's latest offerings, as both companies race to meet booming AI demands. Image Credit : Reuters …

AWS re:Invent 2024: Amazon unveils Nova, new collection of AI models, to take on OpenAI, Google, Microsoft
3 months, 2 weeks ago

AWS re:Invent 2024: Amazon unveils Nova, new collection of AI models, to take on OpenAI, Google, Microsoft

Firstpost  

Amazon is pitching Nova as a cost-effective and efficient alternative in the AI market. The company claims the models are at least 75 per cent cheaper and faster than similar offerings available through AWS servers Amazon has stepped into the generative AI arena with its boldest move yet, unveiling its own suite of artificial intelligence models. Amazon Nova, a new …

Amazon Is Building a Mega AI Supercomputer With Anthropic
55 years, 2 months ago

Amazon Is Building a Mega AI Supercomputer With Anthropic

Wired  

Amazon is building one of the world’s most powerful artificial intelligence supercomputers in collaboration with Anthropic, an OpenAI rival that is working to push the frontier of what is possible with artificial intelligence. Amazon says it expects the supercomputer, which will feature hundreds of thousands of Amazon’s latest AI training chip, Trainium 2, to be the largest reported AI machine …

Amazon develops video AI model: Report
3 months, 3 weeks ago

Amazon develops video AI model: Report

The Hindu  

E-commerce giant Amazon has developed new generative artificial intelligence that can process images and videos in addition to text, making it less reliant on AI startup Anthropic, The Information reported on Wednesday. The development of the new AI model will help Amazon reduce its reliance on Anthropic's Claude chatbot, a popular offering on Amazon Web Services, the report said, citing …

Amazon Invests an Additional $4 Billion in AI Firm Anthropic
4 months ago

Amazon Invests an Additional $4 Billion in AI Firm Anthropic

Deccan Chronicle  

Amazon is investing an additional $4 billion in artificial intelligence startup Anthropic, boosting its stake in one of OpenAI’s chief rivals. That deal included provisions that Anthropic use Amazon Web Services data centers for some of its computing needs, as well as AWS-designed AI chips. The latest investment “establishes AWS as our primary cloud and training partner,” Anthropic said in …

Amazon deepens AI push with additional $4 billion in OpenAI challenger Anthropic: All about the deal
Trending News
4 months ago

Amazon deepens AI push with additional $4 billion in OpenAI challenger Anthropic: All about the deal

Live Mint  

Amazon is set to invest a further $4 billion in Anthropic, a San Francisco-based artificial intelligence startup, as major technology firms continue to vie for dominance in the generative AI sector. Under the agreement, Anthropic will designate Amazon Web Services as its principal training partner for developing its foundational AI models—highly advanced systems that power general-purpose AI applications such as …

Amazon to invest an additional $4 billion in AI startup Anthropic
4 months ago

Amazon to invest an additional $4 billion in AI startup Anthropic

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Amazon is investing an additional …

UK's Competition Authority approves Google's $2 billion investment in Anthropic
4 months ago

UK's Competition Authority approves Google's $2 billion investment in Anthropic

Firstpost  

Anthropic emphasises that it will remain independent despite major funding from Google. Google’s $2B investment includes non-voting shares and consultation rights, ensuring Anthropic retains control over its decisions The Claude AI assistant, developed by Anthropic, has emerged as a major competitor to Google’s own AI offering, Google Gemini. Image Credit: AFP Google’s substantial $2 billion investment in AI startup Anthropic …

Anthropic, Palantir team up with Amazon to work together in creating AI for the US military
4 months, 1 week ago

Anthropic, Palantir team up with Amazon to work together in creating AI for the US military

Firstpost  

The surge in AI applications for national security highlights an era where public sector contracts are becoming a lucrative target for tech giants, with AI technology serving as the centrepiece of modern defence and intelligence strategies For companies hoping to gain a foothold in the public sector, having expertise in navigating complicated contracting requirements is a major advantage. Image Credit: …

Amazon's Profit Margins Take a Hit as AI Spending Soars
4 months, 3 weeks ago

Amazon's Profit Margins Take a Hit as AI Spending Soars

Live Mint  

Amazon's third-quarter report shows strong revenue growth, despite spending heavily on artificial intelligence. The company reported an eye-popping $22.6 billion in capital expenditures, a new high and an 81% jump year-over-year. Despite the spending, Amazon's operating profit came in at $17.4 billion, nearly 19% above analysts' projections. The company's share price jumped more than 5% in after-hours trading Thursday.

Tech Titans' AI Bets Paying Off: A Record Quarter for Cloud Businesses
4 months, 3 weeks ago

Tech Titans' AI Bets Paying Off: A Record Quarter for Cloud Businesses

Live Mint  

Tech giants are seeing the fruits of their massive investments in AI infrastructure, with revenue from cloud businesses at Amazon, Microsoft and Google reaching a total of $62.9 billion last quarter. This figure is up 22.2% from the same period last year and marked at least the fourth straight quarter in which their combined growth rate has increased.

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI
4 months, 3 weeks ago

Amazon reports boost in quarterly profits, exceeds revenue estimates as it invests in AI

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Amazon Embraces AI, But Navigates Regulatory Minefield
4 months, 3 weeks ago

Amazon Embraces AI, But Navigates Regulatory Minefield

Live Mint  

Amazon's Matt Garman discusses the company's AI strategy and the challenges of government regulation. Garman emphasizes the importance of data security and control, and he believes that nuclear energy can be a key part of Amazon's future energy mix. He also acknowledges the challenges of remote work but remains optimistic about the benefits of in-person collaboration.

Amazon, Google tap into nuclear power to fuel data centers and AI push
5 months, 1 week ago

Amazon, Google tap into nuclear power to fuel data centers and AI push

LA Times  

Data centers like this one in Santa Clara, Calif., consume massive amounts of energy. Amazon and other tech giants have announced plans to invest in nuclear power to help meet rising demands for clean energy. Amazon on Wednesday announced plans to invest in nuclear power production to fuel its data centers with clean energy, a key part of the e-commerce …

How Amazon is trying to make the world fall in love with its robots
5 months, 1 week ago

How Amazon is trying to make the world fall in love with its robots

The Independent  

Amazon’s first fully autonomous robot, Proteus, has a lot of responsibilities. In a blog post published last week, in which Amazon voices the Proteus robot, it said that the “first autonomous mobile robot” title is a “fancy way of saying, I’ve got the smarts and technology that allow me to work independently and safely around people. “This means that I …

Amazon Dreams of AI Agents That Do the Shopping for You
5 months, 2 weeks ago

Amazon Dreams of AI Agents That Do the Shopping for You

Wired  

Amazon might not have ChatGPT, but it has a roadmap that includes developing even more advanced forms of artificial intelligence—including AI agents that are hell-bent on helping you buy stuff. We’re working on it, prototyping it, and when we think it’s good enough, we’ll release it in whatever form makes sense,” says Trishul Chilimbi, a VP and distinguished scientist at …

Amazon to invest $10 billion in UK data centres
6 months, 1 week ago

Amazon to invest $10 billion in UK data centres

Hindustan Times  

Internet giant Amazon's cloud computing arm, Amazon Web Services, said on Wednesday that it plans to spend 8 billion pounds in the United Kingdom over the next five years to build, operate and maintain data centres. The company expects the investment project to contribute 14 billion pounds to the country's gross domestic product by the end of 2028 and to …

Amazon Web Services to expand data centre operations in Telangana; to augment AI offerings
7 months, 1 week ago

Amazon Web Services to expand data centre operations in Telangana; to augment AI offerings

The Hindu  

Amazon Web Services to significantly expand their data centre operations in Telangana, augment AI offerings in a big way. Amazon Web Services lays off several hundred tech, sales staff Mr. Babu convinced Amazon senior leadership, led by Kerry Person, vice-president, AWS Data Centre Planning and Delivery, to give a stronger thrust to their data centre operations in Telangana and the …

Amazon’s $4 billion investment in AI startup Anthropic comes under UK scrutiny
7 months, 2 weeks ago

Amazon’s $4 billion investment in AI startup Anthropic comes under UK scrutiny

Live Mint  

U.K. antitrust officials are probing whether Amazon.com’s multibillion-dollar investment in artificial-intelligence company Anthropic poses a threat to competition, the latest foray by European regulators into ties between U.S. tech giants and AI startups. An Amazon spokesperson said the company’s ties to Anthropic didn’t raise any competition concerns or meet the CMA’s own threshold for a review. Amazon doesn’t hold a …

Amazon reports boost in quarterly profits but misses revenue estimates
7 months, 3 weeks ago

Amazon reports boost in quarterly profits but misses revenue estimates

The Hindu  

Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading. Amazon also said it expects revenue for the current quarter, which ends September 30, to be between $154 billion and $158.5 billion — lower than the $158.22 billion forecast by analysts. The company said Thursday that Amazon Web …

Amazon reports boost in quarterly profits but misses revenue estimates
7 months, 3 weeks ago

Amazon reports boost in quarterly profits but misses revenue estimates

Associated Press  

Amazon reported a boost in its quarterly profits Thursday, but the company missed revenue estimates, sending its stock lower in after-hours trading. Amazon also said it expects revenue for the current quarter, which ends Sept. 30, to be between $154 billion and $158.5 billion — lower than the $158.22 billion forecast by analysts. The company said Thursday that Amazon Web …

Amazon set to join Big Tec
7 months, 3 weeks ago

Amazon set to join Big Tec

Live Mint  

By Deborah Mary Sophia July 31 - Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge in capital spending on artificial intelligence as Big Tech companies rush to capitalize on the booming technology. The e-commerce giant's capital investments - mostly for building cloud and generative AI infrastructure - is expected to have risen 43% in …

Amazon to take on NVIDIA, is developing AI chips that are cheaper, faster than Jensen Huang's solutions
7 months, 3 weeks ago

Amazon to take on NVIDIA, is developing AI chips that are cheaper, faster than Jensen Huang's solutions

Firstpost  

Amazon’s drive to develop its own processors is aimed at providing more cost-effective solutions for customers who need to perform complex calculations and process large volumes of data. By producing its own chips, Amazon aims to mitigate the so-called ‘NVIDIA tax’ Amazon is developing new AI chips that are set to outperform and be cheaper than NVIDIA’s current offerings. By …

Amazon at 30: From online bookseller to two-trillion-dollar tech giant
8 months, 2 weeks ago

Amazon at 30: From online bookseller to two-trillion-dollar tech giant

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Seattle-based firm is now also established as a leading technology company through the Alexa virtual assistant …

Amazon hires execs from Adept AI to push AI efforts
8 months, 3 weeks ago

Amazon hires execs from Adept AI to push AI efforts

The Hindu  

Amazon has hired the co-founders and some of the team from AI startup Adept to ramp up research around artificial intelligence technology. In a memo shared with employees on Friday, Rohit Prasad, a senior vice president and head scientist supervising Amazon’s AGI division, stated that the company had hired Adept co-founder and CEO David Luan along with “a few other …

AWS announces $50 million investment in Generative AI Impact Initiative for PSUs
8 months, 3 weeks ago

AWS announces $50 million investment in Generative AI Impact Initiative for PSUs

The Hindu  

Amazon Web Services announced the AWS Public Sector Generative Artificial Intelligence Impact Initiative. The initiative is designed to help public sector organizations – and those that directly support their technology needs – to accelerate innovation in support of critical missions using AWS generative AI services and infrastructure. As part of this initiative, AWS is committing up to $50 million in …

Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value
8 months, 3 weeks ago

Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value

NPR  

Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value toggle caption Jenny Kane/AP NEW YORK — Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant's stock past that threshold. Amazon now joins Google's parent Alphabet, software behemoth Microsoft, iPhone maker Apple and chip maker Nvidia …

Amazon joins exclusive club, crossing $2 trillion in stock market value for the first time
8 months, 3 weeks ago

Amazon joins exclusive club, crossing $2 trillion in stock market value for the first time

Associated Press  

NEW YORK — Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant’s stock past that threshold. Amazon now joins Google’s parent Alphabet, software behemoth Microsoft, iPhone maker Apple and chip maker Nvidia among companies with valuations of at least $2 trillion. Most of the focus has been on business-focused products, …

Amazon is working on an AI chatbot to rival OpenAI’s ChatGPT: Report
8 months, 3 weeks ago

Amazon is working on an AI chatbot to rival OpenAI’s ChatGPT: Report

The Hindu  

Amazon is building an AI chatbot to rival OpenAI’s ChatGPT, a report by Business Insider has revealed. According to sources and an internal document obtained by the outlet, the project is code-named ‘Metis,’ a possible reference to the Greek Goddess of wisdom, and intends to work as a web browser. The chatbot will be based on Amazon’s most powerful version …

Nvidia’s business is booming. Here’s what could slow it down.
10 months ago

Nvidia’s business is booming. Here’s what could slow it down.

Live Mint  

Nvidia is riding high after another quarter of blockbuster sales and earnings, even as threats are emerging that could weaken the company’s position at the center of the artificial-intelligence boom. Sequoia Capital estimated in March that the industry put $50 billion into Nvidia’s chips to train large language models, but generative AI startups had only made $3 billion in revenue. …

Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars
10 months, 3 weeks ago

Amazon reports strong 1Q results driven by its cloud-computing unit and Prime Video ad dollars

Associated Press  

NEW YORK — Amazon on Tuesday reported strong results for the first quarter, driven by growth in its cloud-computing unit and new advertising dollars from its Prime Video streaming service. “It was a good start to the year across the business, and you can see that in both our customer experience improvements and financial results,” Amazon CEO Andy Jassy said …

Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors
11 months, 1 week ago

Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors

Associated Press  

Amazon is adding artificial intelligence visionary Andrew Ng to its board of directors, a move that comes amid intense AI competition among startups and big technology companies. The Seattle company said Thursday that Ng, a managing director at the Palo Alto, California-based AI Fund, will replace a seat vacated by Judy McGrath, a former CEO of MTV who told Amazon …

Sundar Pichai shares Google's AI plan to beat Amazon, Microsoft: ‘Incredible opportunity’
11 months, 2 weeks ago

Sundar Pichai shares Google's AI plan to beat Amazon, Microsoft: ‘Incredible opportunity’

Hindustan Times  

Google CEO Sundar Pichai said that in the fourth quarter of 2023 Google Cloud was at a $36 billion annual revenue run rate. At the Google Cloud Next event, Sundar Pichai said that Google Cloud is showing progress owing to deep investments that the company has made in Artificial Intelligence. Google and Alphabet Inc. CEO Sundar Pichai talked about the …

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