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AI, Georgia and Amazon
Amazon Plans to Invest at Least $11 Billion on Cloud, AI Infrastructure in Georgia
The investment aims to meet the increased demand for advanced cloud infrastructure and compute power, driven by generative AI, it said.
Amazon's AWS to invest $11 bln in Georgia to boost AI infrastructure development
Amazon.com said on Tuesday that its cloud computing division, Amazon Web Services (AWS), plans to invest about $11 billion to expand its infrastructure in Georgia to support cloud computing and AI technologies.
AWS to invest $11 billion in Georgia to expand infra for gen AI
Amazon Web Services (AWS) is planning to invest $11 billion in the state of Georgia to expand its infrastructure in the US to support the growing demand for generative AI, AI, and other cloud technologies.
AI, Anthropic and valuation
AI startup Anthropic to raise $2 billion at $60 billion valuation, sources say
AI startup Anthropic is near a deal to raise an additional $2 billion at a price that values the company at $60 billion, sources said, months after its $4 billion funding from Amazon .
Anthropic’s $60 billion valuation would obscure a stark reality in AI
Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning through billions in cash.
A.I. Start-Up Anthropic Is in Talks That Could Value It at $60 Billion
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.
12h
on MSN
2 No-Brainer AI Stocks to Buy Right Now
According to Yahoo! Finance, analysts' estimates call for earnings to be up 25% in 2024 and another 54% in 2025. Given this, ...
3d
How Amazon Sellers Can Use AI To Streamline Listings And Operations
From crafting product descriptions that resonate with buyers to staying ahead of competitors, AI tools can enable sellers to ...
2d
Amazon Mocked for Slapping AI-Generated Poster on Beloved 1922 Film "Nosferatu"
In a borderline criminal fit of laziness, Amazon's Prime streaming service has adorned the iconic 1922 horror film "Nosferatu ...
12h
on MSN
2 AI Stocks to Buy Before They Soar Up to 108% in 2025, According to Certain Wall Street Analysts
Two Morgan Stanley analysts have outlined bull-case target prices that imply substantial upside for Datadog and Arm ...
3h
Top 2024 Tech Analysis On Forbes From Leading AI Investment Firm
I believe quality analysis particularly in the tech sector can be hard to find. I highlight top calls from my firm's Forbes ...
Nextgov
2h
AI startup Anthropic to build out public sector team
Ramasamy will be responsible for owning the go-to-market strategy for Anthropic and its AI products, including Claude — a ...
1d
on MSN
Microsoft backs its $3B AI push in India with public and private sector deals
Microsoft announced a sweeping series of artificial intelligence partnerships across India's core sectors on Wednesday, a day ...
Independent Online
7d
I used Amazon’s AI for my holiday shopping list. Here’s how it went.
It seemed promising when
Amazon
’s shopping chatbot suggested gifts of “page-turner fiction” for a buddy who enjoys beach travel and reading. But instead of the fun, breezy novels I expected ...
1d
Amazon to invest $11 billion in GA as it adds facilities in Butts, Douglas counties for AI expansion
The company said that Generative AI is creating a need for more advanced cloud infrastructure and computer output.
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