Amazon Web Services has a new CEO, Matt Garman, who brings with him a wealth of experience in both product development and sales. Garman was recently appointed as CEO and has a background that includes working with the Madrona Venture Group. He was photographed speaking at one of their events last fall. This appointment is … Read more
In recent news, stocks of NVIDIA Corp. (NVDA) have been declining due to reports indicating that Amazon.com Inc. (AMZN) has stopped ordering the company’s most advanced superchip. Amazon is reportedly waiting for more powerful models introduced this year before making further orders. Nvidia recently launched its new chip architecture called Blackwell, which contains 208 billion … Read more
NinjaTech AI, a company specializing in generative AI technology supported by SRI, has developed a new personal AI named Ninja. Powered by custom Ninja LLMs, this multi-agent AI can handle real-world tasks asynchronously, such as conducting research and scheduling meetings. The use of AWS Trainium and Inferentia2 machine learning chips allows NinjaTech AI to train … Read more
Amazon.com’s cloud services unit has reportedly put a halt on ordering Nvidia’s most advanced “superchip” as they await a more powerful model. The new model, known as Blackwell, is anticipated to be released later this year according to Nvidia. Amazon Web Services, the largest cloud services company in the world, has already transitioned its previous … Read more
Amazon Web Services has stopped ordering Nvidia’s latest “superchip” as they await a more powerful model, according to a report by the Financial Times. This pause in orders from the cloud services unit of Amazon.com signals a shift towards a more advanced chipset from Nvidia. Article Source https://www.reuters.com/technology/amazons-cloud-unit-pauses-orders-nvidias-most-powerful-chip-ft-reports-2024-05-21/
Amazon.com’s cloud services unit has put a halt on orders for Nvidia’s most advanced “superchip” as they await the release of a newer and more powerful model. The Financial Times reported that Amazon Web Services, the largest cloud services company in the world, has shifted its focus from Nvidia’s Grace Hopper chip to the upcoming … Read more
Amazon’s stock has reached all-time highs after beating expectations in its latest earnings report. The company is close to joining the $2 Trillion Club, driven by a 17% YoY growth in AWS and a 25% growth in advertising revenue. Both segments combined for $37 billion in revenue, with estimates pointing to a potential $160 billion … Read more
The head of Amazon.com’s highly profitable Amazon Web Services (AWS) cloud computing unit, Adam Selipsky, will be stepping down next month after a three-year tenure. He will be leaving the company on June 3 and will be replaced by Matt Garman, a senior vice president who has overseen Sales and Marketing in AWS. During his … Read more