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Amazon Web Services to invest $8.2 bn in Maharashtra by 2029-30: Vaishnaw

Amazon Web Services plans to invest USD 8.2 billion in Maharashtra by 2029-30 to deploy latest and best compute facility and cloud management services, union minister Ashwini Vaishnaw said on Monday. The minister said that Amazon Web Services (AWS) plans to significantly increase employment in India as well. "The team of Amazon Web Services met today. They explained their entire plan of investing about USD 8.2 billion in Maharashtra in the coming few years going into 2029-30," Vaishnaw said. He said AWS is very optimistic about growth in India. "They are bringing the latest technologies, they are deploying the latest GPUs which is what they shared today. They are deploying some of the best compute facilities and cloud Management Services in India. "Along with the investment, there will be significant growth in employment also. Amazon web services shared that they will be adding a significant number of jobs in India in the coming years," Vaishnaw said.

Updated On: 03 Mar 2025 | 8:02 PM IST

It's a quantum leap in computing with India joining the global race

The world's biggest technology companies are building machines with vast processing power. India too is in the race

Updated On: 02 Mar 2025 | 10:09 PM IST

Angel One says it is investigating security breach, assessing impact

Angel One said it was notified of the breach by its dark-web monitoring partner and that it immediately changed all credentials of its AWS cloud

Updated On: 28 Feb 2025 | 1:26 PM IST

Tata Power partners with Amazon Web Services for smart energy transition

Tata Power on Thursday announced its partnership with Amazon Web Services to drive smart and consumer-centric energy transition in India through modernization of its digital infrastructure and energy management. Tata Power has embarked on a data-driven transformation with Amazon Web Services (AWS) to accelerate the country's transition to a greener, smarter, and more consumer-centric energy ecosystem, the company said in a statement. The evolution of energy systems demands real-time analytics, automation, and decentralized power generation to optimize supply and demand. Digitalization enables grid stability, predictive maintenance, and seamless energy transactions, ensuring sustainability and operational efficiency, it said. Tata Power's partnership with AWS exemplifies this digital-first approach, harnessing cloud computing, artificial intelligence (AI), and IoT to build a smarter, more efficient power ecosystem. Tata Power has already laid a robust digital foundation by migrating

Updated On: 20 Feb 2025 | 8:09 PM IST

Amazon, echoes rival Microsoft, says it can't keep up with AI demand

Amazon spent $26.3 billion in capital expenditures in the last three months of 2024, the vast majority of which went toward AI-related projects within AWS

Updated On: 07 Feb 2025 | 6:58 AM IST

Indian content trended on Prime Video's global Top 10: Gaurav Gandhi

2024 was Netflix India's biggest year yet, says Monika Shergill

Updated On: 06 Feb 2025 | 11:32 PM IST

Amazon Web Services to invest $8.3 bn in Cloud infra in Maharashtra

Plan will create more than 81,000 jobs and contribute $15.3 bn to India's economy by 2030, says company

Updated On: 23 Jan 2025 | 11:20 PM IST

Amazon Web Services to invest Rs 60,000 cr for expansion in Telangana

Amazon Web Services (AWS) will invest Rs 60,000 crore to expand its data centre infrastructure in Telangana, state government said. Chief Minister A Revanth Reddy and IT and Industries Minister D Sridhar Babu held meetings with senior executives from AWS at the ongoing World Economic Forum at Davos, Switzerland, it added. "AWS will be expanding its data centres in Hyderabad in a big way with plans for fresh investment of around Rs 60,000 crores. With this AWS Region in Hyderabad will play an increasingly important role in supporting AWS's growth of cloud services in India, including AI in the future," a state government press release issued on Thursday stated. The AWS side was represented by Michael Punke, Vice President, Global Public Policy. The leaders discussed the Telangana government's supportive role in creating a welcoming environment for establishing data center infrastructure in the state, and the strategic importance of the state for AWS's operations in India, it said. A

Updated On: 23 Jan 2025 | 2:38 PM IST

Beast Games: Everything you need to know about Mr Beast's Reality Show

With Beast Games, a brand-new reality competition series available on Amazon Prime Video. This big program begins on December 19, 2024 with a record-breaking $5 million reward

Updated On: 19 Dec 2024 | 3:45 PM IST

AWS commits $100 million in cloud credits for underserved students

Amazon Web Services (AWS) on Thursday said it is committing up to USD 100 million in cloud credits over the next five years to help eligible educational institutions and underserved students worldwide develop and scale digital learning solutions. The programme, a part of AWS Education Equity Initiative, will grant recipients cloud credits, which function similarly to cash, allowing organisations to reduce their expenses when utilising AWS's cloud services. "At AWS, we are committed to levelling the playing field in education, ensuring learners from underrepresented and underserved communities have equal access to transformative learning opportunities. That's why AWS is committing up to USD 100 million in cloud credits over the next five years to help qualifying education organisations around the world build or scale digital learning solutions as part of the AWS Education Equity Initiative," a company blog said. With these credits, recipients can leverage AWS's comprehensive portfoli

Updated On: 05 Dec 2024 | 1:44 PM IST

Comviva, AWS partner to make cloud based, AI driven strategy for biz growth

IT company Comviva has collaborated with Amazon Web Services to build a cloud-first and AI-driven strategy to achieve faster time to market and drive non-linear revenue growth, the company said on Monday. Under the collaboration, Comviva will offer Communication Service Providers (CSP) next-generation software products and platforms that are built on AWS through a Software-as-a-Service (SaaS) model. "By combining our expertise in customer experience and data monetisation with AWS' unparalleled capabilities in SaaS and AI, we are poised to reduce risks, optimise costs and drive unprecedented value for our clients globally," Comviva Chief Executive Officer Rajesh Chandiramani said in a statement. AWS and Comviva are also working together in areas like product modernisation, competency development, culture transformation, business growth, and generative AI enablement, it added. "As Comviva embarks on its journey to becoming a truly SaaS organisation, AWS is excited to collaborate with

Updated On: 11 Nov 2024 | 7:09 PM IST

Top US energy regulator rejects Amazon-Talen nuclear power agreement

The decision by the Federal Energy Regulatory Commission deals a blow to the efforts by big technology companies

Updated On: 02 Nov 2024 | 9:46 AM IST

Amazon reassures investors with cost-cutting, AWS Cloud division's growth

The Amazon Web Services cloud division, which suffered record low sales growth last year, continued to regain momentum during the third quarter

Updated On: 01 Nov 2024 | 10:25 PM IST

Amazon AWS CEO says employees can quit if they reject 'return to office'

The policy has upset many of Amazon's employees who say it wastes time with additional commuting and the benefits of working from the office are not supported by independent data

Updated On: 18 Oct 2024 | 9:33 AM IST

Amazon veteran Samir Kumar to replace Manish Tiwary as head of India ops

Kumar, who joined Amazon in 1999, was part of the original team that planned and launched Amazon.in (Amazon India) in 2013

Updated On: 18 Sep 2024 | 11:05 PM IST

Intel's Amazon chip deal lifts investor confidence in money-losing unit

Intel's stock has plunged nearly 60 per cent this year and has lagged chip firms, including Nvidia and TSMC, as it missed out on an AI-driven boom in chip demand

Updated On: 17 Sep 2024 | 7:05 PM IST

Amazon Web Services to invest $10 billion in UK data centres over 5 years

The company expects the investment project to contribute 14 billion pounds to the country's gross domestic product by the end of 2028 and to support more than 14,000 jobs at British businesses

Updated On: 11 Sep 2024 | 8:15 AM IST

What is DDoS attack? Cyber threat hits X before Trump's interview with Musk

The DDoS attack on X (formerly Twitter) delayed the highly-anticipated Donald Trump interview with Elon Musk by 40 minutes

Updated On: 13 Aug 2024 | 3:46 PM IST

Only 21% Amazon workers in India say work environment is safe: Report

Ecommerce firm denies UNI Global Union's survey that claimed company sets difficult targets for warehouse workers and drivers

Updated On: 11 Jul 2024 | 10:51 AM IST

AWS launches accelerator programme to support space-tech startups

Amazon Web Services (AWS) on Friday launched a space accelerator programme to support 24 startups. Through the 14-week programme, AWS said it will support selected space-tech startups in the growth journey with expertise, mentorship, and AWS credits cumulatively worth up to USD 100,000. "It is a direct result of the Memorandum of Understanding (MoU) agreement AWS signed with the Indian Space Research Organization (ISRO) and Indian National Space Promotion and Authorisation Centre (IN-SPACe) in 2023, to jointly support the growth and development of space startups in India," a company statement said. The programme, which the firm claims to be India's first-ever, is supported by T-Hub, an innovation hub and ecosystem enabler, and Minfy, an AWS Premier Partner. The startups selected for the AWS Space Accelerator: India 2024 program operate in a range of space segments such as spacecraft propulsion, orbital and launch vehicles, satellite imagery, geospatial applications, weather analysi

Updated On: 28 Jun 2024 | 8:16 PM IST