Amazon Web Services

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

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

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

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

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

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

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

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

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

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

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

HCL Technologies launches Enterprise AI Foundry to speed up GenAI-led biz

IT services company HCL Technologies (HCLTech) on Monday announced the launch of Enterprise AI Foundry and said it will simplify and scale enterprise AI journeys across business value chains. An HCLTech release said that the integrated suite of assets combines data engineering and Artificial Intelligence (AI) with cognitive infrastructure to accelerate Generative AI (GenAI)-led transformation across business value chains. "HCLTech announced the launch of HCLTech Enterprise AI Foundry to simplify and scale enterprise AI journeys," the release said. HCLTech Enterprise AI Foundry is tuned for Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP), and designed to scale for on-premises infrastructure. "It removes the complexity of industrial-scale AI foundation models, data silos and overload of tools and frameworks, empowering IT leaders to establish seamless integration across IT and data assets," the release further said. It effectively enables business leaders

AWS in talks with Italy to invest billions of euros in cloud plan: Report

AWS launched its first cloud region in Italy in 2020 as part of a plan to invest 2 billion euros ($2.2 billion) by 2029

Indian startup ecosystem is mature, set to bolster economy: AWS' Raghavan

The Indian startup ecosystem is mature, with multiple tailwinds that are poised to escalate India to become the third largest economy in the world, said AWS' Kumara Raghavan. In a conversation with PTI, Raghavan, Head, Startups, Amazon Web Services (AWS) India, and South Asia, discussed the vibrant Indian startup scene, noting its strength and innovation potential. "We are the 5th largest economy, we are trending towards becoming the 3rd largest... factors that will contribute to it are labor addition, infrastructure growth, and efficiency improvements, where technologies like GenAI will play their part, a large developer ecosystem, the ability to build products in the country and serviced all over the world, then there are regulatory tailwinds as well," he said. Raghavan lauded the maturity of the Indian startup ecosystem, noting the significant contributions of experienced founders who have embarked on multiple entrepreneurial ventures. "We are the third largest startup ecosystem

Indian startup ecosystem mature, set to bolster economy: AWS' Raghavan

The Indian startup ecosystem is mature, with multiple tailwinds that are poised to escalate India to become the third largest economy in the world, said AWS' Kumara Raghavan. In a conversation with PTI, Raghavan, Head, Startups, Amazon Web Services (AWS) India, and South Asia, discussed the vibrant Indian startup scene, noting its strength and innovation potential. "We are the 5th largest economy, we are trending towards becoming the 3rd largest... factors that will contribute to it are labor addition, infrastructure growth, and efficiency improvements, where technologies like GenAI will play their part, a large developer ecosystem, the ability to build products in the country and serviced all over the world, then there are regulatory tailwinds like Make in India and Production Linked Incentive (PLI) scheme as well," he said. Raghavan lauded the maturity of the Indian startup ecosystem, noting the significant contributions of experienced founders who have embarked on multiple ...

Amazon Web Services launches GenAI service Bedrock in APAC Mumbai region

It will support customers across the country, including public sector organisations and companies in regulated industries

Amazon's AWS chief Selipsky to step down, veteran named successor

Adam Selipsky, 57 will leave the company on June 3 and will be replaced by Matt Garman, a senior vice president who has overseen sales and marketing at AWS

Amazon Web Services breaks into Europe 5G networks with Telefonica deal

Telefonica first worked with AWS and Ericsson, and then swapped to Nokia and AWS, Rao said. 'The days of trial are over

Amazon breaks Europe's 5G telecoms market through Telefonica cloud deal

The move by the subsidiary of Spanish group Telefonica is a global first where an existing mobile operator is switching its core network to a public cloud

Amazon to spend $9 bn over next 4 yrs to expand cloud infra in Singapore

AWS also announced a collaboration with the Singapore Government, public sector organisations, and enterprises to help accelerate the adoption of AI