Amazon to Invest $5 Billion in South Korea AI Data Centers
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Amazon Cuts 14,000 Corporate Jobs
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The tech giant is bolstering its cloud-computing and retail businesses in the country as it continues to expand in Europe.
Plus: The Jaguar Land Rover hack sets an expensive new record, OpenAI’s new Atlas browser raises security fears, Starlink cuts off scam compounds, and more.
Amazon Web Services (AWS) will channel $5 billion into South Korea by 2031 to construct new artificial intelligence data centers, the country’s presidential office confirmed Wednesday.
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Here's what experts say the Amazon Web Services outage reveals about the fragility of the cloud
Experts say the incident revealed what can happen when a such a broad spectrum of companies rely on singular cloud provider.
The company that invented the cloud business is widely perceived as trailing its rivals in artificial intelligence.
AWS outage caused by a DNS automated systems error may result in a $581 million loss for Amazon as the cloud and AI company make changes to prevent similar failures.
An Amazon Web Services outage impacting Amazon's own services and as well as apps around the world wasn't resolved until Monday evening.`
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Amazon Web Services global outage 'resolved' after disruption, company says
The company said that while the issue has been resolved, some services may experience a backlog of messages while it works to process them over the next few hours.
A "faulty automation" was at the core of the issues that caused knock-on effects for more than one thousand sites on Monday, an expert told the BBC.
Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while cutting costs elsewhere.
Amazon could show ecommerce growth better than expectations and a rebound in cloud growth according to analysts ahead of Q3 results.
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