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Amazon Web Services
208 posts
NVIDIA to pay nearly 3x Hugging Face’s 2023 valuation to own the open-model hub
NVIDIA is acquiring Hugging Face for $12.93 billion, paying $11.9 billion to shareholders and reserving up to $1 billion for employee retention as it moves deeper into the software and developer layer surrounding open artificial intelligence.
Amazon has filed four Washington layoff notices this year. Another 121 jobs are going
Amazon is eliminating 121 positions across Seattle, Bellevue and Sumner in its latest Washington workforce action, affecting software engineers, scientists, technicians and logistics staff even as quarterly revenue rises 20% and AWS growth accelerates to 37%.
Marvell (Nasdaq: MRVL) crashes 10% as Google AI payoff shifts to FY29
Marvell fell 10% despite record Q2 sales and higher forecasts. Can Google custom silicon justify MRVL's premium as bigger revenue shifts to FY29?
CrowdStrike net new ARR jumps 51% to $333m as Falcon Flex passes $2.29bn
CrowdStrike reported record $333 million net new ARR, $5.84 billion of ending ARR and $377 million of free cash flow while sharply raising its full-year recurring-revenue growth expectations.
NVIDIA revenue doubles to $96.2bn as $108bn Q3 guide excludes China data center compute
NVIDIA more than doubled second-quarter revenue to $96.2 billion and is guiding to $108 billion for Q3 without assuming China data center compute sales, while AWS plans another two million NVIDIA GPUs.
GitLab brings agentic AI to enterprise environments for regulated teams
GitLab 19.3 combines in-region AI processing, plain-language workflow creation and bulk security remediation, widening the company’s push into governed enterprise AI.
Marvell hands Google $12.2bn warrant to close hyperscaler custom silicon sweep
Marvell's $12.2bn Google warrant vests only against $120bn in cumulative custom silicon revenue, six times its current data centre run rate through fiscal 2033.
Cerebras CS-4 targets AI inference bottleneck as $CBRS races toward 600 MW
Cerebras launches CS-4 with a 30x inference claim as 600 MW expansion, $25.4 billion of obligations and cloud margins put $CBRS execution in focus.
Cerebras Systems Q2 core revenue doubles to $210m as cloud business quadruples
Cerebras Systems doubled core Q2 revenue to $209.9m and raised 2026 guidance to $890m, yet a widened GAAP loss sent CBRS lower after the pre-earnings rally.
WPP shares surge after results, but Cindy Rose still has to solve the growth problem
WPP plc shares have held most of their post-results surge after second-quarter revenue trends improved sharply, but falling sales, £2.9 billion of net debt and intensifying AI competition mean stabilisation is only the first stage of Cindy Rose’s turnaround.