Big tech hits back as CMA flags ‘harmful” cloud dominance by Microsoft and AWS July 31, 2025 Big Tech companies have pushed back against a damning report from the UK’s competition watchdog, which warned that Microsoft and Amazon’s dominance in the £10.5bn cloud computing market is stifling competition and harming UK businesses. The Competition and Markets Authority (CMA) on Thursday published the final findings of its 21-month cloud investigation, concluding that Microsoft [...]
UK backs global AI safety plan with AWS and Anthropic July 30, 2025 The UK has launched a new global research coalition aimed at tackling one of the most pressing but least understood problems in artificial intelligence – ensuring that advanced AI systems behave in ways aligned with human values. Backed by £15m in funding and a wide-ranging group of partners, the so-called ‘Alignment Project’ was unveiled on [...]
AWS pushes UK chip plans amid AI energy crunch May 8, 2025 Amazon Web Services (AWS) has defended the environmental and economic rationale behind its push into custom silicon and AI infrastructure, amid increasing scrutiny over the carbon footprint and power demands of hyperscale cloud providers. Speaking at the AWS summit in London, Dave Brown, vice president of compute and networking at AWS, highlighted the firm’s investment [...]
London’s AI surge at risk from skills crunch, Amazon warns April 30, 2025 London businesses are embracing artificial intelligence (AI) faster and more comprehensively than the rest of the UK, but the capital’s acute digital skills shortage risks limiting the broader economic gains from this progress. New research from Amazon Web Services (AWS) revealed exclusively to CityAM that 67 per cent of London-based businesses have now adopted [...]
Bezos takes on Musk as Amazon launches Starlink rival April 29, 2025 Amazon has launched 27 satellites for Project Kuiper, its long-planned broadband network designed to rival Elon Musk’s Starlink. The satellites lifted off aboard a United Launch Alliance (ULA) rocket from Florida last night, after an earlier attempt was postponed due to bad weather conditions. The launch marks the beginning of Amazon’s deployment of over 3,200 [...]
Amazon shares soar as it shatters Wall Street forecasts November 1, 2024 Amazon’s shares jumped over six per cent in after-hours trading after the e-commerce giant breezed past third quarter expectations. The boost from investors would lift the Seattle-headquartered company’s market cap, which currently stands at $1.95t, beyond the $2t mark. It posted quarterly revenue of $158.9bn (£123.3bn), beating analyst predictions of $157.2bn (£121.9bn), and a year [...]
NFL: How data can help drive down concussion and injuries October 1, 2024 The NFL has a long and complex relationship with brain injuries and concussions. In 2021 a $1bn settlement saw the American football league agree to end race-based adjustments in dementia testing relating to black retirees. Just over a decade ago the New Orleans Saints were caught up in “Bountygate” after awarding their players non-contract bonuses [...]
The Capitalist: Labour’s no-Party Conference; Rightmove’s drama Down Under; R.I.P. our dots September 26, 2024 Dispatches from Labour Party Conference, Rightmove's hopping executives, and more: catch up on the latest City gossip in The Capitalist.
Amazon Web Services plots £8bn investment in UK data centres September 11, 2024 Amazon Web Services (AWS) is planning to invest £8bn to build, maintain and operate a number of data centres in the UK over the next five years. The tech giant’s cloud division estimates the cash injection will contribute £14bn to the UK’s total gross domestic product (GDP) through to 2028, and will support an average [...]
Lloyds Bank hires Amazon Web Services exec for first new AI director role August 5, 2024 Like many other businesses, banks are looking to use AI to improve stagnant productivity growth and cut costs.