Jumping deeper into a new market, Amazon Web Services Inc. today said it will offer easier and faster cloud access to data from space via satellite communications. AWS Ground Station, announced by the Amazon.com Inc. cloud unit, will be what the company calls the first fully managed satellite ground station as a service. The Ground ...

Kicking off its annual re:Invent cloud conference with a bang Monday night, Amazon Web Services Inc. debuted among a wide array of new services a new cloud chip of its own design. Dubbed Graviton and available to its cloud customers through AWS’ EC2 cloud compute service, the Arm-based chip was designed by the chip developer ...

A likely parade of new and expanded customers coming in the next week or so for Amazon Web Services Inc.’s cloud offerings kicked off today with the Pac-12 Conference. The western athletic conference said today it’s going “all-in” on Amazon.com Inc.’s cloud — AWS’ favorite term for customers that use an increasing number of its ...

Updated: Investors have been punishing graphics chipmaker Nvidia Corp. lately, its shares down by more than a quarter on concerns about growth forecasts. The spanking continued today. The Santa Clara, California-based maker of graphics processing unit chips used for gaming and artificial intelligence computing missed most Wall Street estimates both for the third quarter and ...

Graphics chips have become the standard for enabling artificial intelligence, as the kind of parallel processing that speeded up video games turned out to be ideal for AI too. Now they’re increasingly finding their way into cloud computing, where their processing power can be rented by companies looking to offer image and speech recognition, self-driving ...

Updated: Facebook Inc. took its medicine a few months ago when it said revenue growth would slow down, knocking 19 percent off its stock in a single day. So it’s no surprise that today’s third-quarter earnings report and guidance for the current quarter, essentially showing no worsening of that trend, didn’t look half-bad to investors. The massive ...

At a time when fears of the impacts of artificial intelligence are on the rise, Google LLC said today that it will give away $25 million toward projects that use its artificial intelligence technologies for “social good.” The announcement, made at a demonstration area in the company’s Sunnyvale, California facilities for some of Google’s and ...

Updated: In a deal sure to shake up the worlds of open-source software and cloud computing alike, IBM Corp. today announced a deal to acquire Red Hat Inc. for a stunning $34 billion. Red Hat is one of the pioneers to commercialize open-source software, in which code is made freely available for others to redistribute ...

Updated: Cloud computing continues to make an outsized impact on advertising giant Alphabet Inc. and e-commerce goliath Amazon.com Inc., but it wasn’t quite enough in their latest quarters to boost revenue growth up to what investors hoped. Still, the two tech giants’ third-quarter cloud results signal that the move by companies to rent computing power and ...

Updated: In a sign of rising investor worries about how long the technology bull market can run, shares of Advanced Micro Devices Inc. plunged more than 20 percent in extended trading after the chipmaker reported disappointing quarterly results and an even more disappointing outlook. AMD’s shares had already fallen 9 percent, to $22.79 a share, ...