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Tag: Amazon

Amazon’s Self-developed AI Chip Generates Billions of Dollars in Revenue

Can any company, big or small, really shake Nvidia’s dominant position in the AI chip field? Perhaps not. But Amazon CEO Andy Jassy said this week that there are still hundreds of billions of dollars in revenue opportunities for companies that can even get a share of it. As expected, at the AWS re: Invent … Continued

Amazon Invests $20 Billion in Pennsylvania to Expand AI Cloud Computing Infrastructure

Amazon announced plans to invest at least $20 billion in Pennsylvania to expand data center infrastructure supporting artificial intelligence and cloud computing technologies. Salem and Falls towns will be the first locations for innovation parks. And several other communities in Pennsylvania are also in consideration. This landmark investment may create at least 1250 high skilled … Continued

Nokia and Amazon Sign Patent Agreement

Nokia announced that it has signed a patent agreement with Amazon, covering the use of Nokia’s video technology in Amazon’s streaming services and devices. This agreement resolves all patent lawsuits between the parties in all jurisdictions. According to the agreement between both parties, the terms of the agreement, including financial terms, remain confidential.“We are pleased … Continued