Amazon unveils new AI chip in battle against Nvidia
San Francisco, United States -- Amazon Web Services launched its in-house-built Trainium3 AI chip on Tuesday, marking a significant push to compete with Nvidia in the lucrative market for artificial intelligence computing power. The move intensifies competition in the AI chip market, where Nvidia currently dominates with an estimated 80-...OpenAI signs $38 bn infrastructure deal with cloud giant AWS
Under the seven-year agreement, OpenAI, which is partly owned by AWS's archrival Microsoft, will gain access to computing resources including hundreds of thousands of state-of-the-art Nvidia GPUs.Amazon to invest $17bn in Spain
The investment will be made in data centers in Aragon region.Amazon logs profit in Q1
The company's shares spiked over 10 percent on Thursday.Amazon reports rare quarterly loss
The company warns of continuing challenges in the months ahead.






