AWS

EchoStar records $16.5B impairment charge as it moves to scale back 5G network plans

EchoStar Corp has taken a non-cash impairment charge of $16.5 billion… More…

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OpenAI agreed to purchase $38 billion of AWS capacity

On Monday, OpenAI agreed to purchase $38 billion worth of capacity… More…

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Amazon launches $11 billion Rainier project to power Anthropic’s AI models

Amazon has launched its $11 billion Rainier project, which will utilize… More…

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Circle, a USDC stablecoin issuer, has launched the public testnet of its Arc blockchain network

Circle Internet Group, issuer of USDC stablecoin, has launched the… More…

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KeyBanc gives Amazon overweight rating at $300 target, implying a 36% upside

KeyBanc Capital Markets just put a new $300 price target on Amazon,… More…

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Solana Stays Strong: Network Outperforms Rivals Amid AWS Outage Turmoil

While the prices of cryptocurrencies are trending downward, major… More…

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AWS confirms recovery after 10-hour outage disrupts apps and services worldwide

AWS confirmed Tuesday afternoon that its cloud infrastructure had… More…

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Amazon confirms continuing errors with AWS as engineers work on EC2 and Lambda

Amazon Web Services (AWS) spent the entire day fighting to bring its… More…

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Musk pitches xAI’s Grok against competition with AI generation, detection upgrades

Elon Musk’s xAI has updated its large language model, Grok, with enhanced… More…

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Widespread internet outage takes down Amazon, Canva, Snapchat, and Fortnite

A massive internet failure has crashed through the online world, … More…

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