Amazon.com Inc. has revealed its plan to invest 10 billion euros, equivalent to $10.7 billion, in upgrading its data center infrastructure and logistics network in Germany. This investment follows a recent announcement by Amazon Web Services Inc. of spending 7.8 billion euros on the AWS European Sovereign Cloud platform in Germany. Part of the 10 … Read more
Google Fiber offers high-speed internet starting at 1 Gbps with no equipment fees, data limits, or contracts. The plans range from 1 Gbps to 8 Gbps, with prices starting at $70 per month. The service includes a free Wi-Fi router and has unlimited data. While Google Fiber may not have the cheapest plans, it offers … Read more
Nvidia Corp has reportedly acquired Shoreline, a software startup, for around $100 million. The acquisition, recently finalized, aims to enhance Nvidia’s capabilities in identifying and resolving computer system issues through automation. Shoreline, founded in 2019 by Anurag Gupta, specializes in software development and has received backing from investors like Dawn Capital and Knowledge Partners. Nvidia, … Read more
Amazon Web Services (AWS) has announced plans to invest €8.8 billion in Germany, specifically in the Frankfurt region, to meet the increasing demand for cloud services. This investment is in addition to the €7.8 billion commitment made by AWS last month, with the goal of creating its first European sovereign cloud region in Brandenburg by … Read more
Amazon announced a new investment of 10 billion euros in Germany, with the majority of the funds directed towards cloud computing. A significant portion of the investment, 8.8 billion euros, will be allocated to Amazon Web Services (AWS) division in southwestern Germany by 2026, with the remainder going towards logistics, robotics, and company offices. This … Read more
NVIDIA, a $3 billion chip giant, is about to undergo a 10-for-1 stock split, making it more affordable for individual investors. Shareholders of record through Thursday, June 6 will receive an additional nine shares after the split. This move could potentially open the door for NVIDIA to be added to the price-weighted Dow Jones Industrial … Read more
Adam Selipsky, the CEO of Amazon Web Services, recently sat down for an exit interview where he discussed a range of topics including artificial intelligence, competition, and the future of the industry. Selipsky highlighted the significant role that AI plays in AWS’s suite of services and emphasized the importance of continuous innovation in this rapidly … Read more
India has emerged as one of the top markets for Cisco globally, and the new manufacturing plant in Chennai is further solidifying the country’s position. In an interview with Ayushman Baruah in Bengaluru, Daisy Chittilapilly, President of Cisco India and SAARC, discussed the significance of the Chennai plant, the SME segment, and the technology spending … Read more
Amazon’s cloud computing division, AWS, experienced a surge in sales growth fueled by demand for artificial intelligence tools. CEO Andy Jassy announced that AWS is now operating at an annual revenue rate of $100 billion. Sales for the division rose 17 percent year over year to $25 billion in the first three months of 2024, … Read more
Amazon Web Services (AWS), the cloud computing division of Amazon, has announced plans to invest €15.7 billion ($17.02 billion) in building data centers in the Aragon region of northeastern Spain. This investment, to be carried out over a span of 10 years, marks the company’s commitment to expanding its presence in the region, which is … Read more