Catherine Perloff

OpenAI models will finally be available on Amazon Web Services, the companies said Tuesday, a day after OpenAI and Microsoft announced new terms in their long-standing partnership that freed other cloud providers to sell OpenAI’s models with fewer restrictions.OpenAI’s 5.4 model is now available in limited preview on AWS and 5.5, the latest model, will be available in the coming weeks , AWS

Amazon Web Services’ revenue rose 28% in the first quarter to $37.6 billion, the cloud giant’s fastest growth rate in nearly four years. Amazon’s overall net sales increased 17% to $181.5 billion in the first quarter, an acceleration in growth from 14% in the fourth quarter.Growth also accelerated in Amazon’s retail division and advertising business. Amazon forecast net sales to total between

Amazon has disclosed new details on its recently announced investment of up to $20 billion in Anthropic. The deal will take the form of a convertible financing facility, the company said in a filing on Thursday, which Anthropic can start drawing down on once Amazon starts delivering certain compute milestones.Anthropic will receive cash in exchange for issuing convertible notes to Amazon, the

Amazon’s yearslong effort to build a serious alternative to Nvidia’s dominant AI chips is starting to gain traction. Anthropic and OpenAI, which have struck multibillion-dollar investment and infrastructure deals with Amazon, have already committed to renting large amounts of current and future ...

Amazon is marketing a new service to let other retailers take advantage of its AI shopping assistant technology.For the past two years, Amazon has offered an AI shopping chatbot on its main retail site, which was originally called Rufus, but earlier this month was rebranded to Alexa for Shopping. Amazon is now offering the Alexa for Shopping technology to other retailers through Amazon Web

Database firm Snowflake said it has committed to spending $6 billion on Amazon Web Services over the next few years, including using Amazon’s Graviton chips and AI infrastructure.Graviton is a CPU, a chip designed for general computing. CPUs are becoming increasingly important as businesses need to use resource-intensive AI models. Last month, AWS announced a multi-billion dollar deal with

Amazon has been pitching its advertising business as an “everything store” for media—where brands can buy ads that run on everything from Thursday Night Football and streaming site Twitch to media it does not own, like Netflix and Spotify. Despite that united front, behind the scenes the company ...

Pinterest said it would spend $4 billion on Amazon Web Services infrastructure through 2031, the largest infrastructure commitment in the company’s history. As part of the deal, Pinterest will use AWS’ Trainium chips for AI workloads and expand its use of Amazon’s CPU Graviton.Pinterest has been an AWS customer since 2010, paying for AWS services under long term deals. In 2021, for instance,

Anthropic’s latest AI is so good at coding tasks that many firms are willing to pay top dollar to use it even as Anthropic effectively raises prices. But some customers are holding off over cybersecurity concerns.In releasing its latest model, Claude Fable, Anthropic started a new policy of ...