Amazon and Nvidia announced a major expansion of their partnership, with Amazon agreeing to add 2 million Nvidia GPUs to its AWS data centers in 2027 and 2028. This deal follows a previous agreement to deploy over 1 million GPUs starting this year, driven by strong demand for AI computing power. Nvidia’s technology, including GPUs, CPUs, and AI software, will be integrated across AWS services and Amazon’s robotics. Despite Amazon developing its own AI chips, Nvidia remains a key supplier, with the deal valued in the tens of billions of dollars and highlighting the growing importance of AI infrastructure.
Nvidia reported quarterly revenue that more than doubled, driven by strong demand for its AI chips, and forecasted third-quarter revenue above Wall Street estimates. The company expects about 70% revenue growth by fiscal 2028 and announced expanding ...
Anthropic has secured a $45 billion, six-year deal to rent AI computing power from British startup Nscale, utilizing Nvidia's cutting-edge Vera Rubin chip system. This deal, starting in late 2027, adds to Anthropic's aggressive expansion of compute c...
Amazon's AWS segment showed impressive growth in 2Q26, with operating income up 63% and revenue up 37% year-over-year, fueled by strong AI and chip businesses. Management projects AWS revenue could eventually reach $1 trillion, supported by the fact ...
Amazon.com, Inc. reported its largest quarter ever in Q2 2026, achieving $200.6 billion in sales and a 43% increase in operating income. The growth was mainly driven by Amazon Web Services (AWS) and advertising, with AWS contributing 21% of total rev...
Jim Cramer proposed that if US towns keep rejecting data center projects, companies should consider relocating to Queretaro, Mexico, a major data center hub. He also recommended that operators invest in local junior colleges and trade schools to trai...
