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...The sale of Chestertons, confirmed by both sides on Monday, follows an almost two-decade-long turnaround effort at the company and comes amid intensifying pressure in the UK housing market from rising mortgage...
...But we are taking a little bit of a different approach to other companies. We are squarely focused in AWS on what AWS customers need: on business and organisational applications....
...“We are at war, it is real,” said Teresa Carlson, who previously led Amazon’s efforts to sell its AWS cloud computing service to the US government, and who recently joined Silicon Valley venture firm General...
...Sales at Amazon’s closely watched cloud computing division AWS, a key profit driver for the company, rose 13 per cent to $24.2bn in the three months to December....
...To fuel adoption of its technology, it has signed partnerships with companies such as Microsoft, Databricks, Snowflake, and Amazon’s AWS, and several of those have also taken small stakes in the start-up...
...Despite the increase, AWS sales growth remains far below the 40 per cent reported at the end of 2021....
...AWS will offer customers access to Nvidia’s latest AI processors and host its “AI training as a service” platform, DGX Cloud, they said....
...AWS will work constructively with the CMA.”...
...Amazon’s AWS revealed in March that it had paid $650mn for a data centre campus connected to Talen Energy’s Susquehanna nuclear plant in Pennsylvania....
...AW: So we walked into the office of Face++, a company that builds facial recognition technology....
...This service, within its AWS cloud computing business, allows developers to build applications using generative AI....
...AWS will buy electricity from the Susquehanna nuclear power station, which is 130km north-west of Philadelphia, under a 10-year power-purchase agreement....
...The new deal represents a “significant expansion of the partnership” with Anthropic, said Adam Selipsky, head of AWS....
...So-called hyperscale datacentre operators like Amazon AWS, Microsoft, Alphabet and Meta prefer to build their own server farms....
...AWS says it can’t tell whether data is being exported to a rival or whether it’s being used in a service such as video-streaming....
...AWS is a great business, but a very expensive business. You have to have capital to build the infrastructure....
...Its shares rose as much as 9 per cent after reporting “a record-breaking holiday shopping season” and forecasting accelerating growth at its closely watched AWS cloud computing division....
...Other deals include last month’s sale of Chestertons, one of the UK’s oldest estate agents, to European real estate services and technology group Emeria, also for £10mn....
...She told Chestertons she worked for Zhang’s jewellery company. In October and November, Wen drafted a letter to her bank to try to explain £40,000 that had showed up in her account....
...This is thanks to a robust holiday season for the retail giant and a 13 per cent increase in sales to $24.2bn within its cloud computing division AWS in the three months to December....
...While Microsoft is heavily dependent on one company, rival Amazon Web Services has spread its bets between a number of AI companies, he added. “I think this creates a window for AWS,” McIlwain said....
...AWS is now moving fast to catch up — this week it announced a spate of developments, including offering its customers access to a wider range of LLMs from other companies....
...What I worry about is that Amazon is not very interested in being a profitable company. It will always prize growth over profit; company’s customer-focused mission encodes this....
...“You see people spending $100 and $1,000, it’s not like people spend on AWS,” he says, referring to Amazon’s web hosting business. But even as this process is ongoing, rivals are circling....
...Revenue growth at AWS slowed to 16 per cent in the first quarter, compared to 29 per cent for all of 2022....
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