Amazon Prime Video is shutting down its 'Prime' free ad-supported streaming TV (FAST) channel in Germany and Austria after just 15 months, highlighting challenges in this streaming model. Instead of continuing with curated FAST channels, Prime Video is focusing on expanding its more profitable Prime Video Channels service, which bundles third-party streaming services like HBO Max and Apple TV with unified billing. Recently, Prime Video added several new third-party services for subscribers in Denmark, Norway, and Switzerland, aiming to become a leading entertainment hub in Europe. This move reflects a strategic shift away from free ad-supported channels toward subscription-based partnerships.
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, d...
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...
