Amazon Web Services plans $8.4 bln cloud investment in Germany
Amazon Web Services (AWS) plans to invest 7.8 billion euros in Germany through 2040 to build a cloud computing infrastructure specifically for Europe.
cloud-computing
Amazon results beat estimates, revenue forecast misses
Amazon.com reported quarterly results above Wall Street’s expectations, with CEO Andy Jassy highlighting the big opportunity in servicing AI customers. The company’s first-quarter sales increased by 13% to 3.3 billion, and net income more than tripled to .4 billion. Amazon expects revenue of 4.0 billion to 9.0 billion for the current quarter ending June. AWS, the largest provider of cloud-computing services, posted a 17% rise in revenue to .0 billion in the first quarter.
Google plans $3 billion data centre investment
Google announced a billion investment to set up a data centre campus in Indiana and expand sites in Virginia.
Microsoft, ’s AI lead puts Amazon cloud dominance on watch
Microsoft is closing the gap on cloud-computing market leader Amazon.com with its generative AI features powered by OpenAI’s technology.