Reported about 22 hours ago
Amazon is significantly increasing its AI efforts with a $10 billion investment in cloud infrastructure in North Carolina, aiming to enhance its AI and cloud services. This move is expected to generate 500 skilled jobs and address current capacity constraints amid soaring AI demand. Amazon Web Services (AWS) has shown strong growth, outpacing competitors like Microsoft and Oracle, as the company focuses on developing custom silicon for better performance. However, challenges remain in meeting the increasing demand for AI services.
Source: YAHOO