OpenAI has signed a $38 billion, seven-year deal with Amazon Web Services to access extensive cloud computing resources, including Nvidia GPUs, to support its AI models like ChatGPT, marking a significant shift after restructuring and reducing reliance on Microsoft.
OpenAI has signed a $38 billion seven-year deal with Amazon Web Services to access hundreds of thousands of Nvidia GPUs for training its AI models, marking a shift as Microsoft reduces its exclusive cloud role with OpenAI and the company expands its cloud partnerships.
The article highlights the surge in AI infrastructure investment by major tech giants like Microsoft, Alphabet, Meta, and Amazon, with Nvidia and Amazon positioned as top stocks to benefit from this growth due to their roles in providing AI chips and cloud services, respectively.
Over 1,200 reports of connectivity issues with Amazon Web Services occurred on Tuesday morning following a major outage that affected popular apps and websites, but AWS announced that all services had returned to normal by Monday afternoon, after a problem with their EC2 internal network caused widespread disruptions.
A DNS error at AWS's northern Virginia data center caused a major outage affecting over 100 services, including Reddit, Snapchat, and Venmo, which was resolved by the evening. The incident highlights the critical role of DNS in internet infrastructure and the widespread impact of cloud service disruptions.
An Amazon Web Services outage caused widespread disruptions for over two hours, affecting major websites and services like Hulu, Snapchat, Venmo, and government sites, highlighting the fragility of global internet infrastructure reliant on a few major providers. Experts warn of the risks of dependence on such cloud services, emphasizing the need for diversification and regional hosting to enhance digital resilience.
A major outage at Amazon Web Services caused widespread disruptions to numerous websites and apps globally, including Snapchat, Roblox, and UK banks, but signs of recovery were reported by mid-morning, with the issue originating from AWS's US East Coast region.
The article highlights five AI-related stocks—Nvidia, Taiwan Semiconductor, Amazon, Meta Platforms, and Alphabet—that are poised for strong growth over the next decade due to their roles in AI hardware, cloud computing, social media, and search technology, making them attractive long-term investment options.
Amazon Web Services has laid off several hundred sales, marketing, and tech roles as part of a broader reorganization, impacting divisions including its physical stores technology team. This move follows a series of job cuts by Amazon.com in various divisions, with over 57,000 workers laid off across 229 firms so far this year. Despite a slowdown in growth last year, Amazon's cloud business has shown signs of stabilization, but faces competition from Microsoft in the cloud computing market.
A glitch in Wyze's system caused 13,000 customers to see each other's camera footage due to an outage at Amazon Web Services, with some users even able to view video footage. This is not the first security crisis for Wyze, as a similar problem occurred in 2023 and the company previously ignored a critical flaw in its security cameras for three years. Wyze has apologized to users and attributed the issue to a third-party caching client library that experienced unprecedented load conditions.
A breach in Wyze cameras allowed 13,000 customers to view footage from other people's homes, despite the company initially stating it only affected 14 people. The breach occurred due to an Amazon Web Services outage, causing a third-party caching client library to mix up device and user IDs. This is not the first time Wyze has faced security issues, with previous incidents including a security flaw in 2022 and a data leak in 2019. The company has notified affected users and added a new layer of verification to prevent future breaches, but some users remain skeptical of their explanation.
Amazon's cloud division, Amazon Web Services (AWS), saw a 13% year-over-year revenue growth in the fourth quarter, driven by increasing traction in cloud services for artificial intelligence. The company introduced new products like the Q chatbot and Trainium2 chip to capitalize on corporate interest in AI capabilities. Despite the growth, AWS' top U.S. challengers, Microsoft's Azure and Google Cloud, posted faster revenue growth. Amazon CEO Andy Jassy highlighted the acceleration of larger new deals and migrations, while CFO Brian Olsavsky announced a change to extend the useful life of servers, expected to boost first-quarter operating income.
Game studio 22cans, founded by Peter Molyneux, is removing Godus and Godus Wars from sale on Steam due to a technical change coming to Amazon Web Services that affects their ability to serve necessary game files to new users. Existing players will still be able to enjoy the games without interruption. The decision comes after Godus Wars failed to gain much traction on Steam.
Amazon Web Services (AWS) is hosting its AWS re:Invent event, focusing on the use of AI to maintain its lead in the cloud computing market. AWS CEO Adam Selipsky emphasized the deployment of AI tools and services to defend AWS' position as the top large cloud provider. Some of the key announcements include Neptune Analytics, Clean Rooms ML, SageMaker HyperPod, AWS Titan image generator, Amazon Q chatbot, Guardrails for Amazon Bedrock, new AWS Trainium chips, Amazon S3 Express One Zone, three new serverless offerings, Amazon One palm-scanning for security, and new thin client virtual desktop environment devices.
Amazon Web Services (AWS) announced its new Trainium2 AI chip and the general-purpose Graviton4 processor, along with access to Nvidia's latest H200 AI graphics processing units. The Graviton4 processors offer better performance and energy efficiency compared to chips from Intel or AMD. AWS aims to provide cost-effective options and compete with Microsoft Azure by offering top-of-the-line products, including sought-after GPUs from Nvidia. Over 50,000 AWS customers are already using Graviton chips, and the new Trainium2 chips promise four times better performance. AWS will also operate Nvidia GH200 Grace Hopper Superchips for Nvidia's R&D group.