Anthropic has signed a historic $100 billion, 10-year deal with Amazon Web Services (AWS), marking one of the largest forward compute commitments in the cloud industry. This deal will accelerate Amazon's hyperscale cloud ambitions, with 1 gigawatt of the 5 gigawatt commitment expected to come online this year. The expansion is set to benefit technology vendors like Astera Labs and Credo Technologies, which are positioned for growth due to increased demand for scale-up network switches, memory controllers, and interconnect technologies. This collaboration highlights the growing importance of AI and cloud infrastructure investment in the tech sector.
In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Dave Brown, a senior vice president at Amazon Web Services (AWS) and a key figure since its early days, is leaving the company at the end of this month for a new role outside Amazon. Brown helped launch AWS's core EC2 service and later led its comput...
The rapid growth of hyperscale data centers, driven by AI demand, is causing U.S. electricity consumption to surge after a decade of stagnation. Experts predict data centers will use 11-16% of total electricity by 2030, with investments in these faci...
The global hybrid robots market is projected to grow from $5.68 billion in 2026 to $10.03 billion by 2030, with a CAGR of 15.3%. Growth is fueled by advances in AI, autonomous operations, and smart manufacturing, alongside rising demand for robots in...
