Tag Archives: aws

CoinspeakerSoftBank’s Chip Designer Arm Eyes $70B Valuation in Upcoming IPO The move to go public comes amid growing interest in artificial intelligence chips, reflected in the increased market mood towards technologies linked to generative AI. SoftBank’s Chip Designer Arm Eyes $70B Valuation in Upcoming IPO

An AWS outage shut down several apps and disrupted services, but did not disturb Ethereum despite hosting more than 64% of nodes. Although Amazon Web Services (AWS) had a minor outage on Tuesday, where it was temporarily unavailable, Ethereum remained unaffected. The temporary downtime did not affect Ethereum’s network nodes, which are mostly hosted on AWS. AWS first revealed at 12:08 PDT that it started an investigation into increased error rates and latencies it had noticed. The company...

Contract electronics manufacturing giant Foxconn banks on explosive AI popularity to drive its server business revenue in 2023.  Foxconn has forecasted significant growth in its artificial intelligence (AI) server business due to robust demand. On Wednesday, the company’s Chairman, Young Liu, said revenue generated from its AI businesses would more than double this year. Liu credited the popularity of generative AI applications like ChatGPT for stoking interest in the sector. At Foxconn’s...

The high demand for AI stocks has raised concerns about a possible bubble, as many investors are pumping funds into AI technologies. However, renowned economist Jeremy Siegel believes it’s not yet time for a bubble. Investors are placing big bets on the potential for artificial intelligence (AI) as the technology continues to boom. While some have expressed concerns about a possible bubble forming in the AI market, Jeremy James Siegel, a renowned economist, and Russell E. Palmer, professor...

Prior to the launch of the FWS, the protocol launched its Filecoin Virtual Machine Compatibility which supports smart contracts. Blockchain-based storage network, Filecoin Network has announced the launch of its proprietary Filecoin Web Service (FWS) a cloud-based decentralized alternative to tech giants like the Amazon Web Service (AWS), and Microsoft Azure amongst others. As announced by the protocol, the launch of FWS marks a very big milestone for its engineering team and the new...

Amazon Bedrock has multiple use cases, including Text Generation and Chatbots. The burgeoning AI space has welcomed an addition as Amazon launches Bedrock to take on Google and OpenAI. With Bedrock, Amazon Web Services (AWS) users will be able to build out generative AI from foundation models (FMs). ChatGPT is an example of a generative AI model that came with full force and got the world’s attention. Just as OpenAI caused a stir, Amazon is ready to cause a quake with Bedrock. Amazon...

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Amazon could buy a company like Zoom or Slack and replace its Chime app. Such an acquisition may help Amazon immediately increase its user base and at the same time focus on infrastructure. AMZN stock is up in the pre-market.Amazon.com Inc (NASDAQ: AMZN) stock has been showing good performance for several days in a row since last Thursday. Then, it was trading at $1,920.20. On Friday, Amazon stock was up in pre-market and climbed further during the trading session and closed slightly down at...

Amazon is taking measures to protect workers from novel coronavirus. Amazon (AMZN) stock has continued to rise to pick up from yesterday’s levels.Amazon.com Inc (NASDAQ: AMZN) has begun to bow to demands of the workers union and the plea from New York legislators who requested that the firm puts in place more coronavirus protection for workers at the warehouse. At the same time, AMZN stock is moving up.Recent reports state that Amazon Inc. is now beginning plans to roll out temperature checks...