AWS Posts Fastest Growth in Four Years as AI Demand Drives Amazon’s Cloud Surge
Amazon Web Services recorded its fastest growth rate in 15 quarters, with net sales rising 28% year over year to $37.6 billion, driven by surging demand for AI compute infrastructure. CEO Andy Jassy credited the AI boom as the primary engine behind AWS’s acceleration, noting the scale of growth was historically unprecedented for a business […]
Amazon has begun offering OpenAI’s latest AI models through its Bedrock cloud service, moving swiftly after Microsoft relinquished its exclusive rights to OpenAI’s products. The announcement came just a day after the revised Microsoft-OpenAI agreement was made public, with Amazon CEO Andy Jassy publicly signaling interest almost immediately. AWS Bedrock now includes OpenAI’s newest models, […]
Microsoft and OpenAI announced a renegotiated partnership on Monday that ends Microsoft’s exclusive rights to OpenAI’s products and intellectual property, replacing an open-ended arrangement with a nonexclusive licence running through 2032. The deal resolves a potential legal conflict triggered by OpenAI’s February agreement to give Amazon exclusive hosting rights to its agent-building tool, Frontier — terms Microsoft […]