DigitalOcean (NYSE: DOCN) has established itself as a simpler alternative to megacloud computing platforms such as Amazon Web Services (AWS) and Microsoft Azure. For individual developers and small businesses without vast IT budgets or the willingness to scale the steep learning curves associated with AWS,

Some investors were disappointed by Amazon's recent fourth-quarter results, in which the company's Amazon Web Services (AWS) revenue of $28.79 billion slightly missed Wall Street's consensus estimate of $28.84 billion. Still, AWS sales were up 19% from the year-ago quarter and the segment accounted for 50% of Amazon's total operating income.

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Dubbed Ocelot, it’s designed to correct errors with less hardware overhead.

The hyperscalers are upping their capex spending, and Amazon (NASDAQ:AMZN) is no exception. The online bookseller turned megatech company is

AWS has launchd Ocelot, its first quantum computing chip, bringing it into line with its big cloud rivals Microsoft and Google.

Tech giant Amazon on Monday said it will use artificial intelligence to reduce flood risks in Spain's northeastern region of Aragon where it is building data centres. Amazon's cloud computing unit AWS announced in May it would invest 15.

Amazon.com Inc.’s cloud unit has built its first quantum-computing chip, joining a growing roster of technology companies showing off futuristic hardware.

Amazon’s larger plan to increase its presence in India, one of its most crucial international markets, includes this investment. Amazon declared in 2023 that it will invest $12.7 billion by 2030 in cloud infrastructure in India. The business also promised to invest an extra $2 billion last year to grow its e-commerce business in the nation.

Wall Street expectations for where Amazon stock is headed are optimistic overall, especially in the short term.

Following quantum chip breakthroughs by Microsoft and Google, AWS scientists explain the role transistors play in this first-generation cat qubit architecture.