AMAZON WEB SERVICES
EkaCare selected as tech partner for National Health Authority's Ambient AI-enabled Voice Scribe solution for doctors
EkaCare was selected through NHA's Expression of Interest process for Open-Source Ambient AI Enabled Voice-to-Text Solutions for Digital Health Record Creation under ABDM
Anthropic launches Claude Whiteboards, Sheets and Data to expand AI-powered workplace tools
Anthropic has introduced Claude Whiteboards and Claude Sheets to enhance collaborative brainstorming and spreadsheet creation. Claude Data has also been launched to provide advanced data analysis capabilities for businesses. These tools aim to streamline teamwork by keeping all activities within the Claude platform. Users can expect integrations with various third-party applications to enhance their workflows. The company envisions Claude as a comprehensive tool for collaborative workplace productivity.
Anthropic's IPO: A close look at AI frontrunner's rapid growth, spiraling costs
Anthropic aims to raise up to $64.4 billion in an upcoming IPO, representing a significant market debut. The company plans a valuation of up to $1.02 trillion, showcasing its ambitions in AI. Founded by former OpenAI researchers, Anthropic's revenue has rapidly surged with enterprise adoption of its AI models. While facing substantial operating losses, the company remains committed to its substantial infrastructure investments.
Anthropic unveils Fable 5.2 and Mythos 5.2, its most powerful AI models yet: All you need to know
In a blog post, Anthropic said both models improve on coding, reasoning and vision, and cost less than the 5.1 versions. “Testers have found that Fable 5.2 and Mythos 5.2 communicate more clearly than past Fable and Mythos models,” it added.
Environmental groups embrace AI, even as they warn of data center impacts
Environmental organisations are increasingly leveraging artificial intelligence to enhance conservation efforts and analyze ecological data. Many express concerns about the environmental impact caused by data centers that support AI technologies. The energy and water consumption of these centers is projected to double by 2030, raising emissions concerns.
Decoded: Will AI agents outlast the hype?
Krish Ramineni, founder of AI note-taking company Fireflies.ai, said consumers were experimenting with applications ranging from shopping and price comparisons to booking flights and hotels, making restaurant reservations, managing bills and subscriptions, and seeking refunds.
- Go To Page 1
AI is driving up memory prices. So why is Sam Altman questioning your PC's RAM?
OpenAI CEO Sam Altman has questioned the need for large amounts of RAM in personal computers, arguing that much of the memory remains unused and could be utilised more efficiently through centralised cloud infrastructure. However, his remarks come at a time when the AI industry's growing demand for computing power is contributing to rising memory prices, making smartphones, PCs and other consumer devices more expensive.
Besides the bubble, a big AI risk could be growing in the shadows
Investors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently experienced a significant sell-off, indicating growing nervousness among shareholders. S&P Global predicts considerable expenses on data centres for major companies like Amazon and Microsoft through 2030.
Nasdaq 100 cracks 5%, wipes out $2 trillion in October as AI spending fears deepen
Investor concerns about the high expenditures on artificial intelligence have intensified amidst rising borrowing costs. Major technology companies like Meta, Alphabet, and Microsoft are increasing their capital outlays to strengthen AI infrastructure. The Nasdaq 100 index has already seen a significant decline of more than 5.8% in October. Analysts predict that global AI infrastructure spending could reach unprecedented levels by 2030.
Reddit stock plunges 30% as Google's AI search threatens traffic and user growth
Reddit shares plunged 23% after the company warned that Google's AI powered search features were hurting referral traffic and could lead to a decline in daily active users. Pinterest also fell after issuing a weaker revenue outlook, as pressure on European cross border sellers weighed on its business and growth expectations.
Amazon's biggest cash burn in history: Why $42 billion vanished in just a year?
Amazon has reported the record losses of $42.4 billion free cash flow deficit in the last 12 months ending on September 2026 as spending on artificial intelligence (AI) and cloud infrastructure has increased. The capital expenditure of the company has reached $77.3 billion in the third quarter. Despite this, Amazon Web Services saw a 39% increase in revenues to $46 billion.
Nasdaq faces $2 trillion wipeout in October as AI spending fears deepen
The wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI trade ran into turbulence, with hyperscalers Meta Platforms, Alphabet and Amazon.com raising spending forecasts further as they race to expand AI infrastructure.
Amazon projects fourth quarter sales below estimates
It expects revenue of between $240.0 billion and $247.0 billion in the fourth quarter, compared with analysts' average estimate of $244.51 billion, according to data compiled by LSEG.
Big Tech earnings: Microsoft, Google see cloud revenues surge
Microsoft's total revenues hit $92.3 billion against expectations of $90.6 billion, with profits of more than $36.6 billion versus the $35.1 billion analysts had forecast, according to FactSet.
Alphabet's heavy cloud spending drives bigger-than-expected cash burn
The company reported negative free cash flow of $9.07 billion, compared with analysts' estimate of a cash burn of $36 million, according to data compiled by LSEG.
Microsoft beats expectations fueled by Azure cloud business
Microsoft has unveiled its impressive financial performance, reporting a revenue of $92.3 billion and profits soaring past $36.6 billion. The Azure cloud services experienced a remarkable growth of 48%, driven by an increasing demand for AI technologies. In a strategic move, the company has offered voluntary buyouts to 60,000 employees while continuing to innovate hardware aimed at enhancing AI capabilities.
Microsoft beats expectations fueled by Azure cloud business
Microsoft shares popped more than five percent Wednesday afternoon after it reported better than expected revenue and profit, fueled by its Azure cloud computing division which grew by 48 percent in the September quarter. However, Google on Wednesday reported that revenue from its cloud division doubled to $30.7 billion during the quarter, bringing it closer to Microsoft's Azure revenue, which reached $33.2 billion in the same period.
Anthropic IPO: Here are some of the key people of Indian origin behind the AI giant
As the artificial intelligence company prepares for the next phase in its journey, let’s take a look at several top people in the organisation with Indian connections.
Microsoft, Amazon and Google may spend $600 billion on AI in 2026. Will investors see returns?
Microsoft, Amazon and Google could spend as much as $600 billion on AI in 2026, but investors want to know whether the massive investment will deliver returns. As the tech giants prepare to report earnings, cloud growth, cash flow and rising infrastructure costs are coming into focus.
Big Tech earnings a test of the AI boom amid market turmoil
Investors are pressing for evidence that the AI boom can deliver swift returns to justify its enormous price tag. Rising bond yields at AI cloud providers such as CoreWeave and record costs to insure Meta Platform's debt have amplified concerns about how the massive AI infrastructure buildout is being funded, particularly as higher US interest rates loom.
Tata Communications to invest $450 million in 10,000 km AI fibre network
The project will be implemented in three phases spanning three to five years, subject to execution conditions, and funded through operating cash flows, Rupesh Chokshi, chief product and technology officer at Tata Communications told ET. The planned network will provide 7.2 petabytes of capacity.
Why is Verizon stock down today? Verizon Communications Inc share price falls at US Stock Market
Verizon now expects to add between 1.1 million and 1.2 million postpaid phone subscribers this year compared with earlier projections of 750,000 to 1 million.
Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWS
Verizon is feeling positive about the growth of its wireless subscribers, raising its expectations for postpaid phone additions. The company has entered into a significant partnership with Amazon Web Services, securing an AI infrastructure agreement valued at over $2 billion. In the third quarter, Verizon reported a boost in subscribers that surpassed analyst predictions, though revenue dipped due to decreased device upgrades, as users kept their phones for longer.
AI is finding software flaws faster, and so are hackers: Inside the PHP scramble
Governments and companies across Europe and Asia have taken services offline while they patch two vulnerabilities that researchers discovered with AI models, as exploitation attempts rise into the millions.
Amazon cloud capacity sold out through 2027, CEO Jassy says
Amazon CEO Andy Jassy said on Friday that Amazon Web Services' cloud computing capacity is largely sold out through 2027, with significant commitments extending into 2028, on growing demand for AI infrastructure.
More bugs out there: PHP2Shell is just the tip of the internet’s old-code iceberg
On Wednesday, critical vulnerabilities in PHP were publicly revealed, impacting a vast number of websites. The discovered flaws pose serious security risks, prompting urgent updates from website administrators. Many organizations swiftly shut down their services to mitigate potential breaches from the vulnerabilities. Experts emphasized the importance of identifying PHP versions and applying necessary patches immediately. They also recommended increased funding for PHP development to prevent future risks and ensure security.
What is a PHP vulnerability? Security flaws prompt shutdowns of major websites amid global cybersecurity response
Two critical vulnerabilities in PHP have prompted the shutdown of several websites across multiple countries. Cybersecurity teams are actively working to secure these potentially affected systems using emergency fixes provided by the PHP Foundation. Major organizations, including Wikimedia and government sites in Finland and the Netherlands, have taken precautions. Researchers utilized artificial intelligence to identify these security flaws, showcasing both its benefits and risks.
From eMudhra to PHP: Breach spree hits tech infrastructure, AI emerges as threat multiplier
Recent cybersecurity incidents have raised concerns among companies and government agencies regarding digital certificates and critical software vulnerabilities. A security breach at eMudhra impacted its global digital certificate business but was managed promptly. Additionally, critical vulnerabilities in PHP temporarily led to the shutdown of various websites for security updates. A supply-chain attack compromised the LiteLLM Python package, affecting its users significantly.
Anthropic recorded net loss of over $80 billion in first half of this year
The company generated $16.3 billion in revenue during the six months ended June 30, compared with $1.1 billion in the corresponding period a year earlier, the newspaper reported. The loss largely reflected accounting adjustments related to financing agreements, including $72 billion in charges linked to changes in the value of convertible notes and other financial instruments.
Load More
