Amazon · Thu 5 Nov

Amazon develops cloud infrastructure and custom artificial intelligence chips through Amazon Web Services alongside its consumer retail and device operations. Truncated covers its cloud offerings, hardware developments, industry partnerships and corporate strategy.

Thursday 5 November

The AI boom is turning fiber-optic cables into hot commodities

AI-generated summary Corning is investing $585 million in expanding manufacturing in North Carolina to meet increasing demands for fiber-optic cables from companies such as Amazon, Meta, and Nvidia. Relativity Networks developed a hollow-core fiber called ChronoCore and partnered with Prysmian to scale production and connect data centers faster.

Also covered by forbes.com Ars Technica

Big Tech’s big AI buildout will not end until someone stops it

Graphic image of a data center.

AI-generated summary Amazon, Microsoft, Alphabet, and Meta announced plans to spend at least $720 billion on capital expenditures this year alone, with most funds directed toward artificial intelligence infrastructure. The spending plans triggered a sharp selloff in tech stocks as investors question when they might expect to see a return on investment from artificial intelligence.

Also covered by Bloomberg ft.com Tech Policy Press