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Amazon in talks to buy AI startup Decart for around $7 billion: Report
Amazon is reportedly in talks to acquire artificial-intelligence startup Decart for about $7 billion. The acquisition would give Amazon significant access to technology for managing different AI chips effectively. Decart, founded in 2023, was valued at nearly $4 billion in May and has attracted considerable venture capital. This potential deal aligns with Amazon's strategy to enhance its AI infrastructure competing against Nvidia.
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.
Pinterest deepens Amazon partnership with $4 billion cloud deal
Pinterest is investing heavily in its future with Amazon Web Services. The social media company will spend four billion dollars on cloud services until 2031. This deal will help Pinterest boost its artificial intelligence capabilities. They will use Amazon's custom chips to improve features like visual search. This partnership aims to enhance performance and efficiency for Pinterest's growing AI initiatives.
US stocks: Pinterest deepens Amazon partnership with $4 billion cloud deal
Amazon.com's cloud computing unit will provide Pinterest its custom chip processors, including Graviton and Trainium, to help scale its AI initiatives.
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.
Amazon CEO reveals AI revenue, dismisses spending doubts in annual letter
Amazon's cloud division has reached a remarkable milestone, raking in more than $15 billion each year from its AI offerings. This impressive figure highlights the success of Amazon's heavy investments in technology. Additionally, the company's custom chip sector is thriving, boasting annual revenues exceeding $20 billion. With plans to market these chips externally, Amazon is poised for further expansion.

Cerebras Systems, Amazon strike deal to offer AI chips on AWS cloud
Amazon Web Services and Cerebras Systems have joined forces. They will combine their computing chips in a new service. This service aims to speed up AI applications like chatbots and coding tools. Cerebras chips will be integrated into Amazon data centres. They will work alongside Amazon's Trainium3 AI chips. This collaboration is set to enhance AI inference capabilities.

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.

Texas at heart of Amazon's AI push in United States
Tech titan Amazon is working to step out of Nvidia's shadow with custom "Trainium" chips designed specially for machine learning as billions of dollars are poured into artificial intelligence (AI). After years of relying on suppliers for chips, the e-commerce powerhouse's Amazon Web Services (AWS) cloud computing unit began designing its own, acquiring Israeli startup Annapurna Labs in 2015.

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.

ETtech Explainer: What’s Nvidia's Rubin platform, and why it matters for AI
The Rubin platform moves Nvidia from a seller of powerful GPUs to delivering fully integrated AI computing systems. Rubin is made up of six chips, consisting of tightly connected processors and networking components — Vera CPU, Rubin GPU, NVLink 6 Switch, ConnectX-9 Super NIC, BlueField-4 DPU, and Spectrum-6 Ethernet Switch.

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.

AWS says custom AI chip line becomes multibillion-dollar business, unveils plans for Trainium 4
Speaking at the company’s annual event, AWS re:Invent 2025 in Las Vegas, CEO Matt Garman said that Trainium is already a multibillion-dollar business, and that 1 million Trainium chips have been deployed so far.

Amazon to use Nvidia tech in AI chips, roll out new servers
Amazon's AWS cloud computing unit on Tuesday said it will adopt key Nvidia technology in future generations of its artificial intelligence computing chips as the firm ramps up efforts to get major AI customers using its services.

Silicon saga: From CPU to XPU, challengers chip in
Nvidia controls 80% of the AI chip market, but tech giants like Google, OpenAI, Tesla, and Amazon are building custom XPUs to reduce reliance. Analysts say Nvidia’s true moat lies in CUDA software, not just GPUs. With AI chip revenues projected up to $1 trillion by 2030, customisation is becoming essential for scale and efficiency.

Anthropic receives additional $4 billion investment from Amazon
This will bring the total investment by Amazon on Anthropic up to $8 billion while still remaining a minority investor. This goes on to show Amazon's growing genAI investment. Anthropic is also in talks with additional investors to raise more capital on the back of Amazon backing, sources added.

Race for AI isn't zero-sum, says Amazon cloud boss
As Google races with Microsoft and OpenAI to create world-changing generative artificial intelligence, some critics see Amazon as lagging behind. Microsoft and Google compete with their in-house, AI-infused digital assistants to help with creating content -- emails, presentations, ads -- and applications (especially chatbots).
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