News
The affordability backlash is coming for AI: It’s not just about electricity bills
1+ week, 2+ day ago (751+ words) For the past year, the conversation around artificial intelligence has largely been about scale. Bigger models, faster chips, larger data centres. But beneath that headline growth, something quieter is unfolding, and it's beginning to hit much closer to home. The…...
Amazon bets big on AI to double AWS revenue to $600 billion by 2036
2+ week, 2+ day ago (459+ words) Amazon Chief Executive Andy Jassy said artificial intelligence could propel the company's cloud computing arm, Amazon Web Services, to as much as $600 billion in annual revenue within the next decade'twice his earlier projection, Reuters reported on Wednesday. Speaking at an…...
Vera Rubin Space-1: Nvidia launches AI chip for data centres in space
2+ week, 4+ day ago (402+ words) Nvidia chief Jensen Huang on Monday said the leading artificial intelligence chip maker is heading for space with a goal of powering orbiting data centers. An Nvidia graphics processing unit (GPU) was launched into space late last year by startup…...
Amazon’s cloud service AWS reports fire after object struck the facility centre
1+ mon, 2+ day ago (336+ words) Amazon's cloud computing unit, Amazon Web Service (AWS) reported a shutdown to its data centre in the United Arab Emirates (UAE) on Sunday after objects struck the facility amid the ongoing West Asia crisis causing sparks and fire." The crisis…...
CoreWeave plunges on $35 bn spending surge despite revenue beat
1+ mon, 5+ day ago (675+ words) Shares of CoreWeave tumbled more than 8 per cent in after-hours trading on Thursday after the Nvidia-backed AI cloud infrastructure firm unveiled plans to nearly double capital expenditure this year, even as it posted a modest fourth-quarter revenue beat. The stock…...
Budget 2026: As markets fell, data centre & AI stocks surged after tax holiday for cloud services
2+ mon, 2+ day ago (480+ words) Even as markets reported the worst post-Budget fall in seven years, data centre and artificial intelligence (AI) stocks on Sunday surged as Union Finance Minister Nirmala Sitharaman proposed a 20-year tax holiday for foreign companies setting up data centres in…...
Microsoft partners with Anthropic, Nvidia in cloud infrastructure deal
4+ mon, 2+ week ago (585+ words) Microsoft and Nvidia plan to invest in Anthropic under a new tie-up that includes a $30 billion commitment by the Claude maker to use Microsoft's cloud services, the latest high-profile deal binding together major players in the AI industry. Nvidia will…...
AWS outage: Amazon finds ‘latent defect’ that took banks to smart beds offline
5+ mon, 1+ week ago (346+ words) Amazon has revealed what caused this week's massive internet outage that took major platforms like Signal, Snapchat, Duolingo and many banks offline. In a statement published by Amazon Web Services (AWS), the company said that the internet went down because…...
From Snapchat to bank services: AWS outrage disrupts web services | Vantage with Palki Sharma
5+ mon, 1+ week ago (292+ words) A major outrage at Amazon Web Service (AWS) brought huge internet services down and to a halt as platforms like Snapchat, Reddit, WhatsApp, and even banking and tax portals. The issue depicted DNS failure at a key AWS data centre…...
Microsoft blocks Israeli military’s access to AI and cloud technology over mass surveillance of Palestinians
6+ mon, 1+ week ago (549+ words) Microsoft has blocked access to parts of its cloud and AI services for Israel's Unit 8200, following reports that the elite cyber-intelligence division used the technology to carry out mass surveillance of Palestinians. The decision, reported by The Guardian in collaboration…...