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Stock impact report

Texas at heart of Amazon's AI push in United States [Yahoo! Finance]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Tech titan Amazon is working to step out of Nvidia's shadow with custom "Trainium" chips designed specially for machine learning as billions of dollars are poured into artificial intelligence (AI). Amazon subsidiary Annapurna Labs in Austin, Texas, was testing the longevity of its latest generation Trainium during a recent visit by AFP to the facility. Texas is emerging as a US tech world El Dorado, luring investments with cheap energy, relaxed regulations, tax incentives and reasonably affordable real estate for massive data centers. Amidst a deafening roar, UltraServers packed with 144 of the Trainium AI-accelerator chips were being put through their paces at Annapurna in a routine check prior to delivery. After years of relying on suppliers for chips, the e-commerce powerhouse's Amazon Web Services (AWS) cloud computing unit began designing its own, acquiring Israeli startup Annapurna Labs in 2015. First came Graviton and Inferentia chips in 2018, the former for general Show less Read more
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