Amazon has announced a significant plan to invest over $100 billion in AI for 2025, marking a considerable increase from its earlier projection of $75 billion for the same year. This spending primarily focuses on enhancing their Amazon Web Services (AWS) cloud division’s AI capabilities. CEO Andy Jassy highlighted that the fourth-quarter capital expenditures of […]
The Federal Trade Commission (FTC) released a staff report highlighting antitrust concerns tied to partnerships between major tech firms and generative AI developers. The report scrutinizes Microsoft’s relationship with OpenAI and the collaborations between Amazon, Alphabet, and Anthropic. FTC Chair Lina Khan pointed out that such partnerships could lead to market lock-in, hinder startups from […]
Amazon is contemplating increasing its investment in Anthropic, a significant competitor to OpenAI. According to a report from The Information, Amazon is engaged in discussions for a multi-billion dollar investment in Anthropic, marking its first financial commitment to the company since a $4 billion deal completed last year. The structure of the new investment mirrors […]
Amazon is preparing to introduce an updated version of its Alexa voice assistant, set to launch in October just in time for the US shopping season. Known internally as “Remarkable,” this new version will incorporate Anthropic’s Claude AI models. Reports from insiders reveal that this development follows the subpar performance of Amazon’s previous software endeavors. […]
Dashveenjit is an experienced tech and business journalist with a determination to find and produce stories for online and print daily. She is also an experienced parliament reporter with occasional pursuits in the lifestyle and art industries. Chinese organizations are leveraging cloud services from Amazon and its competitors to access advanced US AI chips and […]
As a tech journalist named Zul, he explores topics such as cloud computing, cybersecurity, and disruptive technologies in the enterprise sector. He holds experience in moderating webinars and delivering content via videos, with a knowledgeable background in networking technology. Carine Smith Ihenacho, who is the chief governance and compliance officer at Norway’s $1.7 trillion sovereign […]
Tech giants like Microsoft, Alphabet, and Meta are riding high on a wave of revenue from AI-driven cloud services, yet simultaneously drowning in the substantial costs of pushing AI’s boundaries. Recent financial reports paint a picture of a double-edged sword: on one side, impressive gains; on the other, staggering expenses. This dichotomy has led Bloomberg […]
Ryan Daws is a senior editor at TechForge Media with over a decade of experience in crafting compelling narratives and making complex topics accessible. His articles and interviews with industry leaders have earned him recognition as a key influencer by organisations like Onalytica. Under his leadership, publications have been praised by analyst firms such as […]
Pour one out for CodeWhisperer, Amazon’s AI-powered assistive coding tool. As of today, it’s kaput — sort of. CodeWhisperer is now Q Developer, a part of Amazon’s Q family of business-oriented generative AI chatbots that also extends to the newly announced Q Business. Available through AWS, Q Developer helps with some of the tasks developers […]
Amazon invested a further $2.75 billion in growing AI power Anthropic on Wednesday, following through on the option it left open last September. The $1.25 billion it invested at the time must be producing results, or perhaps they’ve realized that there are no other horses available to back. The September deal put $1.25 billion into […]