After reaching $40B in revenue in record time, Amazon Web Services hints at its own reinvention

Amazon Web Services CEO Andy Jassy with a chart showing AWS revenue growth at the company’s virtual re:Invent conference this week. (Screenshot via webcast)

Kicking off the annual Amazon Web Services re:Invent conference this week, AWS CEO Andy Jassy pointed to a major milestone for the tech giant’s cloud division: AWS has officially surpassed $40 billion in annual revenue, and not at a leisurely pace. AWS added an incremental $10 billion in revenue in 12 months, faster than ever.

Jassy showed stats that put AWS’s share of the cloud infrastructure market at 45%, more than double its closest competitor, Microsoft Azure. But he sought to assure the virtual audience that AWS is not even close to its zenith, citing the 96% of the estimated $3.6 trillion in global IT spending that has yet to shift to the cloud.

“It means that there’s a lot of growth ahead of us,” he

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PS5 Restock Updates: Check PS5 Stock At GameStop, Walmart, Best Buy, Target, And Amazon

Update: A Walmart Canada PS5 restock is in progress after it kicked off at 8 AM PT / 11 AM ET–as of 11:15 AM ET the site is currently experiencing a high amount of traffic and not loading right away.


Despite recent PS5 restocks at stores like Walmart and GameStop, including ones on Black Friday and Cyber Monday, it’s been frustratingly difficult to find a PS5 or PS5 Digital available to buy directly from a major retailer for many months now. Now that we’re officially in December and Christmas is just weeks away, it makes sense to wonder when stores like Walmart, GameStop, Target, and Best Buy will have more PS5 units available for shoppers. A tweet from Sony confirmed that “more inventory will be coming to retailers before the end of the year,” but that doesn’t make the scramble to get your hands on a PS5 console any

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Amazon In Talks To Buy Podcast Publisher Wondery: Report

Internet giant Amazon is in talks to buy podcast publisher Wondery, which serves up hit audio shows “Dr. Death” and “Serial,” the Wall Street Journal reported on Wednesday.

West Hollywood-based Wondery boasts being the world’s largest independent podcast publisher, and has reportedly also explored the potential for acquisition with Apple and Sony Music Entertainment.

Industry tracker Podtrac ranked Wondery as being the fourth most listened to podcast publisher in the US in November, with slightly more than 9 million people tuning in to audio programs it hosts.

Podcasts have boomed in popularity, with people tuning in to hear compelling real or scripted stories as well as interviews.

Launched in 2016, Wondery has won audiences for shows such as Dr. Death, Dirty John, Business Wars, The Shrink Next Door, and Gladiator.

Wondery is seeking $300 million or more from a suitor, according to US media reports.

Amazon is reportedly interested in acquiring the podcasting group Wondery to expand its streaming media portfolio Amazon is reportedly interested in

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Amazon Web Services org chart under CEO Andy Jassy

  • Amazon Web Services has seen its growth slow down in recent years amid intensifying competition, the COVID-19 pandemic, and simple law of large numbers.
  • Business Insider identified and mapped out 95 of the most powerful people under AWS CEO Andy Jassy, who are leading key growth areas at the company.
  • They include influential execs such as Chief Technology Officer Werner Vogels, and Twitch CEO Emmett Shear, as well as some less familiar names, like Kathrin Buvac, the new vice president of business development, and Matt Garman, the head of sales and marketing.
  • Do you work at Amazon? Contact this reporter via encrypted messaging apps Signal/Telegram (+1-415-926 -2066) or email ([email protected]).
  • Are you an Amazon Web Services employee? Contact reporter Ashley Stewart via encrypted messaging app Signal (+1-425-344-8242) or email ([email protected]).
  • Visit Business Insider’s homepage for more stories.

For the better part of the past decade, Amazon Web Services was the

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Amazon Web Services Extends Deal With Zoom

(RTTNews) – Amazon’s cloud platform Amazon Web Services or AWS announced an extension to its agreement with Zoom Video Communications, Inc. to be its preferred cloud provider.

The multi-year agreement is expected to enable Zoom to rise to the challenges brought by the COVID-19 pandemic.

Zoom will continue to leverage AWS’s global infrastructure and portfolio of services, including capabilities in compute, storage, content distribution, and security.

With AWS’s portfolio of services, Zoom could grow its core video meeting platform and innovate new customer experiences for its corporate and individual customers, Amazon said in a statement.

The companies are also collaborating to develop new solutions for Zoom’s enterprise users.

Zoom, which was in partnership with AWS since 2011, expanded its relationship earlier this year to keep up with surging demand amid the COVID-19 pandemic crisis. According to the company, hundreds of millions of new Zoom participants began to use the platform

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Save big on computer desks with these Amazon discounts

Let’s face it: You may still be working from home well into 2021. But you can still improve your at-home workstation for the new year with the help of a new desk. Today on Amazon, you can get one on sale with discounts on Halter desks, with pricing ranging from 20 to 40 percent off. You can choose from a variety of desk styles and types, so no matter what your dream setup looks like, you can find a desk to suit your needs. 

On the lowest end price-wise, you can grab a 39-inch folding writing desk for $55.19, down from a $69 list price. Promising easy assembly and a compact, minimalist design, you can set it up in even small home office spaces. If you’re looking for something a bit more feature-rich, you can grab an adjustable sit-or-stand desk converter for $120, down from a list price of $200.

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Amazon Pushing to Develop an In-House Quantum Computer

As a company built and maintained on a deep foundation of technology, Amazon.com (NASDAQ: AMZN) is always looking to hone its competitive edge. Its latest attempt in this regard is, apparently, the development of proprietary quantum computing.



a man standing in front of a truck: Report: Amazon Pushing to Develop an In-House Quantum Computer


© Provided by The Motley Fool
Report: Amazon Pushing to Develop an In-House Quantum Computer

According to a report from Bloomberg published on Tuesday, internal job postings the media company had gained access to and information on LinkedIn strongly suggest that Amazon aims to build a quantum computer. The company is seeking to hire experts for a quantum hardware team, which will be housed inside its Amazon Web Services Center, said the report.



a man standing in front of a car posing for the camera: Amazon delivery driver with package.


© Amazon.com
Amazon delivery driver with package.

Additionally, the LinkedIn page of a current company employee named Marc Runyan describes him as “Quantum Research Scientist at the Amazon Center for Quantum Computing.”

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Today’s standard computers store information in

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BlackBerry Teams Up With Amazon Web Services to Manage Vehicle Sensor Data

Shares of security software specialist BlackBerry (NYSE:BB) soared on Tuesday, following the company’s announcement of a collaboration with Amazon (NASDAQ:AMZN). The former smartphone giant has teamed up with Amazon Web Services (AWS) to develop a platform that helps automakers collect and analyze data from vehicle sensors.

What is BlackBerry IVY?

The BlackBerry IVY system is a scalable software platform with deep roots on AWS cloud computing services. This vehicle data platform provides consistent and secure methods for gathering vehicle sensor information, packaging it into a normalized format, and preparing the data blobs for real-time analysis running on the car’s own processors as well as deeper dives through AWS-based cloud computing services.

BlackBerry’s role in this partnership consists of using machine learning tools to collect and normalize data from thousands of parts made by dozens of different manufacturers. In many cases, there are no industry standards available, and BlackBerry IVY

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Amazon Is Laying the Groundwork for Its Own Quantum Computer

(Bloomberg) — Amazon.com Inc. is laying the groundwork for a quantum computer, deepening efforts to harness technology that can crunch in seconds vast amounts of data that take even the most powerful supercomputers hours or days to process.



a stack of flyers on a table: The logo for Amazon Web Services Inc., a subsidiary of Amazon.com Inc., is displayed on an Apple Inc. iPhone in an arranged photograph taken in the Brooklyn Borough of New York, U.S., on Monday, Jan. 27, 2020. Amazon.com Inc. is scheduled to release earnings figures on January 30.


© Bloomberg
The logo for Amazon Web Services Inc., a subsidiary of Amazon.com Inc., is displayed on an Apple Inc. iPhone in an arranged photograph taken in the Brooklyn Borough of New York, U.S., on Monday, Jan. 27, 2020. Amazon.com Inc. is scheduled to release earnings figures on January 30.

Amazon has been hiring for a Quantum Hardware Team within its Amazon Web Services Center for Quantum Computing, according to internal job postings and information on LinkedIn. Marc Runyan, a former engineer with NASA’s Jet Propulsion Laboratory, lists his title on the professional social network as senior quantum research scientist at Amazon and describes his role as “helping to design and build

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Amazon debuts Trainium, a custom chip for machine learning training in the cloud

Amazon today debuted AWS Trainium, a chip custom-designed to deliver what the company describes as cost-effective machine learning model training in the cloud. It comes ahead of the availability of new Habana Gaudi-based Amazon Elastic Compute Cloud (EC2) instances built specifically for machine learning training, powered by Intel’s new Habana Gaudi processors.

“We know that we want to keep pushing the price performance on machine learning training, so we’re going to have to invest in our own chips,” AWS CEO Andy Jassy said during a keynote address at Amazon’s re:Invent conference this morning. “You have an unmatched array of instances in AWS, coupled with innovation in chips.”

Amazon AWS Tranium

Amazon claims that Trainium will offer the most teraflops of any machine learning instance in the cloud, where a teraflop translates to a chip being able to process one trillion calculations a second. (Amazon is quoting 30% higher throughput and 45% lower cost-per-inference

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