Overview
- AWS posted a record $33 billion in Q3 revenue, up 20% year over year for its fastest growth since late 2022.
- A Yahoo Finance analysis argues Amazon could reach a $3 trillion market cap from roughly $2.6 trillion if current momentum holds.
- Amazon says Trainium2 is now a multibillion-dollar product, growing 150% sequentially in the third quarter.
- Anthropic is training its latest Claude models on 500,000 Trainium2 chips with plans to scale to 1 million by year-end.
- AWS runs Nvidia GPUs while pushing its in-house chips, with Trainium2 described as cutting AI training costs by up to 40%.