Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The new funding brings the tech giant’s total investment to $8 billion, though Amazon will retain its position as a minority investor, according to Anthropic, the San Francisco-based company behind the Claude chatbot … Read more
Representatives from Amazon.com were called to Capitol Hill for a closed-door meeting with a key House committee earlier this fall to answer questions about the retail giant’s deepening relationship with the Chinese-owned video-sharing app TikTok. The House Select Committee on China summoned Amazon in September to discuss with staffers a high-profile shopping partnership the two … Read more
Amazon’s return-to-office mandate has been controversial among staff, leading a senior executive to defend it at a leaked internal meeting. Amazon is asking all workers to come back to the office five days per week starting January 2. Last month, hundreds of employees anonymously asked senior leadership to overturn the mandate. In an Amazon Web … Read more
Opinions expressed by Entrepreneur contributors are their own. Migrating to Amazon Web Services (AWS) is a journey. It often feels daunting to start this journey, but it doesn’t have to be. With this article, I will run through five key strategies that when used in isolation, as well as when combined, will go a long … Read more
KUALA LUMPUR: The 15-year investment plan by US-based firm Amazon Web Services (AWS) proves Malaysia is fast becoming the premier regional destination for digital investments, says Datuk Seri Anwar Ibrahim. Expressing his confidence over the RM29.2bil AWS Asia Pacific (Malaysia) Region project, the Prime Minister said he hoped the firm would shorten its development period … Read more
Thanks to the artificial intelligence boom, new data centers are springing up as quickly as companies can build them. This has translated into huge demand for power to run and cool the servers inside. Now concerns are mounting about whether the U.S. can generate enough electricity for the widespread adoption of AI, and whether our … Read more
Citing an example, Chen said large language models – the technology underpinning GenAI services like ChatGPT – have helped shorten the time for content generation in video games. “There are many things we want to do in the future, including using AI in character production, scene production and making bots,” he said. Video gamers try … Read more
Alibaba Group Holding’s cloud computing unit plans to shut down its data centres in Australia and India, as the company prioritises infrastructure spending in other markets. Citing the move as part of its “infrastructure strategy update”, Alibaba Cloud said the decision was made after a “careful assessment” amid new efforts to “expand investment in Southeast … Read more
Amazon.com has reached a US$2 trillion market valuation for the first time ever, as an artificial intelligence (AI)-fuelled rally pushed the tech giant deeper into record territory. Shares rose 3.9 per cent on Wednesday to close at US$193.61, pushing the market value to more than US$2 trillion. The company is now a member of an … Read more
A number of Chinese artificial intelligence (AI) companies are seeing greater demand for their social media applications in overseas markets, as adoption on the mainland has been slower by comparison. Shanghai-based MiniMax – a generative AI start-up that counts South China Morning Post owner Alibaba Group Holding as a major investor – has become a … Read more
