The unveiling of the Amazon (NASDAQ: AMZN) Nova line of foundation models has sparked a vote of confidence in the company by Wall Street analysts.Specifically, the product line under Amazon Web Services has prompted Susquehanna analyst Shyam Patil to reiterate a positive rating on AMZN stock, setting a price target of $230.In a note on December 4, the analyst noted that one of Nova’s most significant advantages is its cost-effectiveness compared to leading models on AWS’s Bedrock platform. Patil stated that ...

DENVER, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Poppulo (formerly Four Winds Interactive), a global leader in digital signage solutions, proudly announces a strategic partnership with Amazon to launch the Amazon Signage Stick, a made-for-purpose media player designed to deliver professional digital signage at an affordable price.   This partnership brings together Poppulo’s enterprise-grade software, recognized for its flexibility and scalability, with Amazon’s innovative, plug-and-play hardware. The Amazon Signa ...

CHICAGO, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Numerator, a data and tech company serving the market research space, has released verified shopper survey insights from over 9,600 respondents for the full 2024 Cyber Weekend (Thanksgiving through Cyber Monday; online and brick & mortar shopping). Overall, consumers gravitated toward shopping from the comfort of their own homes with 52% shopping mostly or exclusively online. Black Friday was the most popular shopping day over the long weekend, capturing three-quar ...

Washington, D.C.'s attorney general sued Amazon on Wednesday, accusing the company of covertly depriving residents in certain ZIP codes in the nation's capital from access to Prime's high-speed delivery.The lawsuit from AG Brian Schwalb alleges that, since 2022, Amazon has "secretly excluded" two "historically underserved" D.C. ZIP codes from its expedited delivery service while charging Prime members living there the full subscription price. Amazon's Prime membership program costs $139 a year and includes ...

KEY TAKEAWAYSAmazon is building an artificial intelligence (AI) supercomputer made of its in-house Trainium chips and also a new server that it said will be used by AI startup Anthropic.Amazon recently invested an added $4 billion in Anthropic.The new chips and servers are part of Amazon Web Services' push to make its homegrown Trainium a "viable alternative" to Nvidia's GPUs, according to The Wall Street Journal. Amazon (AMZN) is building an artificial intelligence (AI) supercomputer made of its in-house T ...

Amazon (AMZN 1.30%) is one of the most recognized brands on the planet. Between its online e-commerce platform and its heavy influence in the cloud computing landscape through Amazon Web Services (AWS), Amazon has evolved into a behemoth in the technology sector.However, one area where I personally feel Amazon lags is streaming. Sure, the company has invested heavily in its Prime Video service -- creating several original television series and movies boasting some of Hollywood's biggest stars. But even so, ...

With a big question looming over HBO distribution in the UK, Germany and Italy as Warner Bros. Discovery rolls out Max globally, WBD’s JB Perrette floated a potential new partner in the territories: Amazon. HBO’s longtime distributor, Sky, could well stay in business with WBD, Perrette said during an appearance at the Wells Fargo TMT Summit, echoing comments last spring by international chief Gerhard Zeiler. And yet, the CEO of streaming and games ventured, “there’s also great alternatives. Amazon is great ...

Washington, D.C., Dec. 03, 2024 (GLOBE NEWSWIRE) -- RAINN, the nation’s largest anti-sexual violence organization, today announced it has been selected as a winner of the 2024 Amazon Web Services (AWS) IMAGINE Grant, a public grant opportunity open to registered charities in the United Kingdom and Ireland and registered 501(c) nonprofit organizations in the United States who are using technology to solve the world’s most pressing challenges. The grant will support RAINN’s efforts to expedite access to traum ...

Amazon Web Services (AWS) and Anthropic are building a supercomputer that will be five times the size and have five times the performance of the one Anthropic used to train its current generation of artificial intelligence (AI) models.Dubbed “Project Rainier,” the EC2 UltraCluster of Trn2 UltraServers will use hundreds of thousands of Trainium2 chips for model training — five times the size of its previous cluster — AWS said in a Tuesday (Dec. 3) press release.The Trn2 UltraServers, which were introduced Tu ...

ToplineAmazon Web Services, Amazon’s cloud computing arm, announced it’s launching a new AI supercomputer built from its own machine learning chips that could be one of the largest used to train AI models—and tries to rival chipmaking giant Nvidia.Matt Garman, CEO of Amazon Web Services, speaks during the WSJ Tech Live conference at the Montage ... [+] Laguna Beach in Laguna Beach, California, on October 21, 2024. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)AFP via Ge ...