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Amazon Touts Its Low-Cost Cloud Computing in Generative AI Race

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[ad_1] A key way that Amazon’s cloud division aims to set itself apart from rivals perceived to have a leg up on artificial intelligence is by competing on price, an executive said on Tuesday. The AI models behind a viral chatbot like ChatGPT require immense computing power to train and operate, the kinds of costs … Read more

Amazon to Invest Additional $15 Billion in India, Says CEO Andy Jassy

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[ad_1] Amazon.com will invest an additional $15 billion (roughly Rs. 12,297 crore) in India, the company’s Chief Executive Andy Jassy told Prime Minister Narendra Modi in his meeting on Friday. The investment will take the e-commerce giant’s total India investment across all businesses to $26 billion (roughly Rs. 21,314 crore) by 2030, he said. Modi … Read more

AWS to Invest $12.7 Billion in Cloud Infrastructure in India by 2030 in Bid to Meet Growing Demand

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[ad_1] Amazon Web Services on Thursday announced plans to invest $12.7 billion (roughly Rs. 1,05,600 crore) in cloud infrastructure in India by 2030 as it looks to meet growing customer demand for cloud services in the country. The planned investment in data centre infrastructure in India will support an estimated average of 1,31,700 full-time equivalent … Read more