TRAINIUM2
Five IndiaAI empanelled companies ineligible for new compute bid
CDAC requires bidders to own, lease or operate a Tier-III, Rated-3 or higher data centre in India. Bidders must also hold the required ISO certifications and operate a network operations and security operations centre in India.
Amazon cloud business accelerates but shares drop on profit miss
Amazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to meet analyst forecasts. The tech giant reported a total revenue of $201.9 billion, revealing struggles across multiple sectors. Nonetheless, the growth of its AWS cloud division stood out as a silver lining.
Nvidia’s rivals have built their own AI chips and now want to make the software switch easier
Nvidia faces competition as Amazon and Google introduce tools that allow minimal changes for chip switching. Amazon's TorchNeuron and Google's TorchTPU aim to simplify the transition for developers using PyTorch. These tools enable existing code to run efficiently on different hardware.
Nvidia in talks to invest in Anthropic's mega IPO
Anthropic is seeking to raise as much as $100 billion that could value the artificial intelligence startup at around $2 trillion, the people said. Nvidia is considering investing up to $10 billion in the IPO, one of the sources added. The plans remain under discussion and could change, they cautioned, requesting anonymity because the discussions are confidential.
Anthropic planned, then abandoned $7 billion purchase of MatX
The merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition to secure the resources and talent needed to build its own chips. The goal is to help Anthropic accelerate its in-house chip development.
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The future of AI may be small, cheap and unprofitable: Joachim Klement
A groundbreaking study indicates that lightweight AI models installed on everyday home computers are on the verge of surpassing the robust systems found in data centers. This pivotal change may drive down costs and profit margins for industry leaders such as Anthropic and OpenAI. Nvidia’s cutting-edge desktop AI technology serves as a precursor to this exciting new chapter.
Nvidia Q1 earnings report preview: Can NVDA beat AI chip rivals AMD, Amazon, Google, and Cerebras again? The AI giant faces its most critical Wall Street moment of the year
Nvidia Q1 earnings report: With $78.75B in expected revenue and rising competition from AMD, Cerebras, Amazon, and Google, Nvidia's Q1 FY2027 report is the single most important data point in AI infrastructure this quarter.
Nvidia's outlook will be a test of its strategy to maintain AI dominance
Nvidia anticipates strong earnings but faces new competition in AI chips. Demand is shifting to processors that run AI in real-time, a market where rivals like Alphabet and Amazon are making strides. Traditional players Intel and AMD are also pushing new chips.
Anthropic commits to spending $200 billion on Google's cloud and chips: Report
AI startup Anthropic will spend a massive $200 billion with Google Cloud over five years. This deal significantly boosts Google's revenue backlog. Anthropic also secured computing capacity from Broadcom and Amazon. Google is heavily investing in Anthropic, deepening their partnership in the AI race. Major cloud providers see substantial backlogs from AI contracts.
Amazon to invest up to $25 billion in Anthropic as part of $100 billion cloud deal
Amazon is injecting up to $25 billion into AI startup Anthropic, solidifying a partnership where Anthropic commits over $100 billion to Amazon's cloud services. This significant investment, building on previous funding, aims to bolster Anthropic's AI models and secure crucial cloud infrastructure for the burgeoning AI sector.
Amazon commits $50 billion to OpenAI; announces multi-year partnership with AWS
Amazon’s $50 billion commitment is the largest in this round, surpassing the $30 billion each pledged by Nvidia and SoftBank. This round of funding gives OpenAI a pre-money valuation at $730 billion.
Amazon projects 50% boost to capital spending this year to $200 billion, shares tumble
It is the latest sign that Big Tech will not be hitting the brakes any time soon on hefty AI investments. Amazon shares closed down 4.4% during regular trading as worries deepened about the enormous cost of the artificial-intelligence boom.
Amazon Q4 earnings today: here’s what will decide Amazon stock movements today?
Amazon Q4 earnings today: Amazon is expected to report $211.5 billion in Q4 revenue, a potential all-time quarterly record. That single number will drive Amazon stock today. Investors are watching AWS growth near 22%. AI spending of $125 billion is the pressure point. Guidance for 2026 matters most. Margins, free cash flow, and capex signals will decide whether Amazon stock breaks above $255 or slips toward $222.
Amazon layoffs: Amazon stock rises today as Amazon trims jobs again despite rising revenue — is AMZN a buy before earnings?
Amazon layoffs: Amazon stock rises today as Amazon trims jobs again despite rising revenue. Amazon is cutting 16,000 corporate jobs. This brings total layoffs to 30,000 since October. CEO Andy Jassy aims to "remove layers" and boost efficiency. Paradoxically, AMZN stock rose to $246.22 on the news. Investors are cheering for better margins. The company is trading at a low PEG ratio of 0.65. This suggests it is undervalued relative to growth. AWS cloud revenue is also reaccelerating. It grew 20% recently. Wall Street remains bullish. About 95% of analysts rate it a "Buy." They see a price target of $295.
The Sanchar Saathi U-turn; Meesho IPO off to a flying start
In a volte-face, the telecom ministry has withdrawn the controversial directive mandating that Sanchar Saathi be preloaded on new smartphones. This and more in today's ETtech Top 5.
ETtech Explainer: Amazon's latest Tranium chip and what it means for the race
Amazon Web Services has launched Trainium3, its new AI chip, offering faster performance, more memory, and lower energy use. The next-generation Trainium4 will add Nvidia’s NVLink Fusion for even bigger, faster AI servers. These chips give AWS more control, cut costs, and strengthen its position in the cloud AI market.
Amazon stock jumps as AWS unveils new AI chip: Amazon claims Trainium 3 is 50% cheaper and 4.4× faster for AI training
Amazon stock jumps after AWS unveils its in-house AI chip, Trainium3. The company claims it is 4.4x faster than its previous generation. Energy efficiency improves fourfold, while memory bandwidth gets a major boost. Each UltraServer can hold up to 144 chips. Early tests suggest AI training costs drop up to 50% versus Nvidia GPUs. Investors cheered the news, pushing AMZN shares higher. Trainium3 promises faster, cheaper AI model training and inference.
Amazon launches AI infrastructure project, to power Anthropic's Claude model
The tech giant had started Project Rainier last year to build an AI compute cluster spread across multiple data centers in the U.S. The computer incorporates nearly half-a-million of Amazon's in-house Trainium2 chips.
Third tender set to add 3,800 GPUs to IndiaAI GPU cluster
IndiaAI Mission is expanding its GPU resources. Around 3,850 GPUs will be added through the third tender. This includes Google Trillium TPUs and Nvidia H100 GPUs. The total GPU count will reach 34,333. Four companies cleared the technical round. The mission aims to offer GPUs at competitive prices. It supports startups building large language models.
More AI, fewer jobs: Amazon CEO tells white-collar employees to prepare for workforce changes driven by automation
Amazon CEO AI workforce warning: Amazon CEO Andy Jassy has cautioned employees about upcoming workforce reductions due to the increasing integration of artificial intelligence, particularly impacting white-collar positions. As Amazon expands its AI capabilities, fewer individuals will be needed for existing corporate roles, leading to a leaner corporate workforce. Jassy encourages employees to adapt and embrace AI to remain relevant within the company.
IndiaAI Mission GPU tender round 2: All seven shortlisted bidders clear technical round
All seven shortlisted firms have cleared the technical round of IndiaAI Mission’s second GPU tender, with commercial bids opened on Thursday. Around 15,000 GPUs are expected to be offered. The mission, backed by a Rs 10,000-crore budget, aims to boost India’s AI infrastructure and support local model development and research.
MeitY shortlists 7 firms in second round of AI Mission GPU tender
Under the IndiaAI Mission, seven firms—including AWS, Oracle, and Google Cloud partners—were shortlisted for the second round of GPU tenders, aiming to procure 15,000 GPUs. Technical presentations are set for May 14. This initiative supports India’s Rs 10,000-crore push to enhance AI infrastructure and local language model development.
Amazon announced a massive $104 billion AI & Cloud bet – Will its stock soar or sink investors?
Amazon’s $104 billion spending plan marks one of the most significant investments in AI and cloud computing. While the stock saw a short-term dip, many analysts believe the strategy will position Amazon for stronger long-term growth. The key question for investors now is whether Amazon can balance its massive spending with profitability in the years ahead.
The furious contest to unseat Nvidia as king of AI chips
Nvidia's rivals have also started taking a leaf out of the company's playbook in another way. They have begun emulating Nvidia's tactic of building complete computers -- and not just the chips -- so that customers can wring the maximum power and performance out of the chips for AI purposes.
Amazon's cloud service shows new AI servers, says Apple will use its chips
Amazon's cloud unit introduces new servers powered by its Trainium2 AI chips, aiming to challenge Nvidia. These servers will be used in a supercomputer and attract customers like Apple and AI startup Anthropic. The future Trainium3 chip will debut next year, offering cost-effective AI model training.
AWS picks seven Indian startups for global accelerator program: a look at what they do
Amazon Web Services has selected seven Indian startups for its global accelerator programme, providing up to $1 million in AWS credits. These startups will use the credits to develop generative AI solutions and will benefit from AWS and NVIDIA's expertise. This marks the highest number of participants from a single Asia-Pacific country.
Amazon racing to develop AI chips cheaper, faster than Nvidia's, executives say
The server was packed with Amazon's artificial intelligence chips that compete with those from market leader Nvidia, Amazon executive Rami Sinno said on Friday, during a visit to the lab.
Meta ramps up AI efforts by building chip arsenal, consolidating teams
Meta CEO Mark Zuckerberg announced that the company is merging its AI research team with a business-focused generative AI team, emphasizing their commitment to integrating AI technology into products. To support this push, Meta is expanding its infrastructure and plans to have 350,000 H100 GPUs from Nvidia and a total of 600,000 GPUs from various suppliers by the end of the year.
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