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AMZN Jun 2024 1140.000 call

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  • Reuters

    Amazon adds $230 million in cloud credits to AI startups

    Amazon said it is investing $230 million in the form of Amazon Web Service (AWS) credits in artificial intelligence startups, the latest example of cloud providers trying to capture AI clients from nascent stages. The credits will provide early-stage generative AI startups free access to computing power, a variety of AI models, and infrastructure, if they build their companies on AWS. Amazon says it already offers $1 billion in cloud credits every year to startups, with this new commitment focusing on supporting generative AI startups.

  • Yahoo Finance UK

    What is a stock split and why are big tech companies opting for it?

    Earlier this week Nvidia completed a 10-for-one stock split, following its original announcement in May.


    DoorDash Faces the Might of Amazon and Uber. What It Needs to Do to Win.

    The company's expansion into groceries and other areas is leading it into more direct competition with the technology giants.