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AWS expanding AI offerings, developing dedicated industry solutions

YourStory

YourStory · 6m ago

AWS expanding AI offerings, developing dedicated industry solutions

AWS is expanding its AI offerings, particularly generative AI and cloud solutions, tailored for different use cases. At the AWS Summit, AWS India and South Asia's Solution Architecture Head, Satinder Pal Singh, highlighted investments enabling Indian businesses to innovate and grow. AWS has enhanced its services with Amazon Bedrock and Amazon Nova for multimodal intelligence. The transition to AI-driven work necessitates upskilling, and AWS has trained 5.9 million Indians in cloud skills since 2017.

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AWS selects seven Indian Gen AI startups for global accelerator

YourStory

YourStory · 1y ago

AWS selects seven Indian Gen AI startups for global accelerator

Amazon Web Services (AWS) has chosen seven Indian Gen AI startups to participate in its AWS Global Generative AI Accelerator program. The selected companies are Convrse, House of Models, NeuralGarage, Orbo.ai, Phot.ai, Unscript AI, and Zocket. These startups have been recognized for their use of artificial intelligence and their potential for global expansion. They will have the opportunity to present their solutions at AWS' re:Invent event in Las Vegas. AWS has invested $230 million to support startups worldwide in developing generative AI applications. In India, AWS has supported generative AI startups through initiatives like the AWS GenAI Loft in Bengaluru.

AWS CEO Matt Garman Wants to Reassert Amazon’s Cloud Dominance in the AI Era

Wired · 1d ago

AWS CEO Matt Garman Wants to Reassert Amazon’s Cloud Dominance in the AI Era

AWS CEO Matt Garman aims to uphold Amazon's cloud leadership amid intensifying competition from Google and Microsoft. Beyond its $8 billion Anthropic investment, AWS is also developing internal foundation models, innovative chips, expansive data centers, and enterprise-focused AI agents. These strategic moves are designed to attract and retain business customers by offering cost-effective, scalable AI solutions, helping AWS maintain its dominance as companies increasingly incorporate AI into their operations.

ETtech Explainer: Amazon's latest Tranium chip and what it means for the race - The Economic Times

Economic Times

Economic Times · 14h ago

ETtech Explainer: Amazon's latest Tranium chip and what it means for the race - The Economic Times

Amazon Web Services (AWS) unveiled its latest AI chip, Trainium3, which boasts enhanced performance, more memory, and reduced energy consumption, reinforcing AWS's cloud AI market stance. Additionally, AWS teased the upcoming Trainium4, set to incorporate Nvidia's NVLink Fusion technology for improved chip communication. This development aims to diversify AWS's hardware offerings, reduce reliance on Nvidia, and offer cost-effective AI training solutions, promising substantial savings for businesses on large-scale AI deployments.

ET Startup Awards 2025: Minfy bets on AI and homegrown talent to push cloud growth - The Economic Times

Economic Times

Economic Times · 1m ago

ET Startup Awards 2025: Minfy bets on AI and homegrown talent to push cloud growth - The Economic Times

Minfy Technologies, an award-winning bootstrap firm, is expanding its workforce by hiring 180-200 AI engineers to support its AI solutions in healthcare, retail, manufacturing, and energy sectors. Founded in 2016, Minfy has grown exponentially without venture capital, aiming to balance high growth with profitability. They've partnered with giants like AWS and expanded globally, while setting up a Centre of Excellence in Hyderabad to advance its AI capabilities and solutions development.

Farmer facing agritech startup Farmology raises seed funding from iAngels, others

IndianStartupNews

IndianStartupNews · 2y ago

Farmer facing agritech startup Farmology raises seed funding from iAngels, others

Agritech startup Farmology, focused on providing solutions for farmers, secures seed funding from investors including iAngels. The funding will likely aid Farmology in further developing its offerings and expanding its reach within the agricultural sector. The investment reflects the growing interest in supporting innovations that address challenges faced by farmers and contribute to the agribusiness ecosystem.

Amazon Web Services plans data centre expansion in Hyderabad; eyes significant investment | Mint

Livemint

Livemint · 1y ago

Amazon Web Services plans data centre expansion in Hyderabad; eyes significant investment | Mint

Amazon Web Services (AWS) is planning to expand its data center operations in Telangana, India, to enhance AI offerings. Amazon has expressed interest in investing in expanding its data center facilities and workforce in Hyderabad, the capital of Telangana. The company already has a strong presence in Telangana, including its largest corporate building and operational data centers. With this expansion, Telangana aims to solidify its position as a leading hub for cloud and data center infrastructure in India. AWS provides various cloud business services, and this expansion will include a focus on artificial intelligence.

Nvidia chases $30 billion custom chip market with new unit

Economic Times

Economic Times · 1y ago

Nvidia chases $30 billion custom chip market with new unit

Nvidia is establishing a new business unit dedicated to creating customized chips for cloud computing companies and AI processors. The move aims to tap into the growing market for custom AI chips while protecting Nvidia from competitors seeking alternative solutions. As the dominant player in the high-end AI chip market, Nvidia controls roughly 80% of this sector. However, to meet specific needs regarding cost and energy consumption, major customers like Meta and Microsoft have started developing their own internal chips. Nvidia now plans to assist these companies in designing custom AI chips, potentially competing against industry rivals Broadcom and Marvell. Other target markets for Nvidia's custom chips include telecom, automotive, and video games.

Amazon pledges up to $50 billion to expand AI, supercomputing for US government - The Economic Times

Economic Times

Economic Times · 9d ago

Amazon pledges up to $50 billion to expand AI, supercomputing for US government - The Economic Times

Amazon announced a $50 billion investment to enhance AI and supercomputing capabilities for the US government, expanding capacity across AWS Top Secret, AWS Secret, and AWS GovCloud regions. Expected to begin in 2026, this project will increase AI and high-performance computing capacity by nearly 1.3 gigawatts through new data centers. The initiative aims to provide federal agencies with comprehensive AI services, including Amazon SageMaker and Amazon Bedrock, boosting demand for computing power in the public sector.

Tech Mahindra extends partnership with Google Cloud to boost AI adoption for enterprises

YourStory

YourStory · 8m ago

Tech Mahindra extends partnership with Google Cloud to boost AI adoption for enterprises

Tech Mahindra has expanded its partnership with Google Cloud to accelerate global AI adoption for enterprises. This collaboration aims to modernize infrastructure, optimize AI cloud solutions, and develop industry-specific solutions using Google Cloud's AI capabilities. Focusing on sectors like healthcare, automotive, and retail, the partnership enhances operational efficiency and growth opportunities. Tech Mahindra is investing in talent and has dedicated Google Cloud-focused delivery centers. The partnership promises robust managed services and AI development support.

Genpact acquires XponentL Data to drive AI-led innovation

Economic Times

Economic Times · 6m ago

Genpact acquires XponentL Data to drive AI-led innovation

Genpact has acquired AI solutions provider XponentL Data to enhance its AI-led innovation capabilities. XponentL brings specialized domain-led data strategy, design, and engineering expertise, along with industry experience and strategic partnerships. The acquisition supports Genpact's focus on data and AI technologies, facilitating clients' AI transformation from strategy to implementation. XponentL's expertise across platforms like AWS and Microsoft accelerates business value, aligning with both companies' vision to leverage data for client success.

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