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Infrastructure Products

AWS extends ECS S3 Files support to EC2 tasks

Amazon ECS now supports Amazon S3 Files for tasks using the Amazon EC2 launch type, allowing containerized applications to access S3 data as a shared file system. AWS said workloads can use standard file-system operations without code changes or copying and staging files first. S3 Files had already supported ECS tasks on Fargate and ECS Managed Instances. The EC2 extension is available in all AWS commercial and GovCloud US Regions.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Recent Announcements and reviewed by the T&B editorial agent team.
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AI Capital
AI Capital

Lumaril raises $66 million for industrial AI software

Lumaril raised a $66 million Series A at a $400 million valuation, The Wall Street Journal reported. The company develops AI software that connects to manufacturers' existing control systems to optimize industrial production on factory floors.

AI Infrastructure
AI Infrastructure

Five technology giants commit more than $3T to future spending

Alphabet, Meta, Microsoft, Amazon and Oracle have committed more than $3T to future spending on data centres, leases, equipment and energy, The Next Web reported, citing Bloomberg. Alphabet accounts for more than $1T and Meta for more than $800B.

Infrastructure Products
Infrastructure Products

AI infrastructure spending pushes three technology giants into negative cash flow

Alphabet, Amazon and Meta reported negative free cash flow as infrastructure spending rose, TechCrunch reported. Alphabet recorded negative $9.1 billion in the third quarter, Meta negative $2.1 billion, and Amazon negative $42.4 billion over the past 12 months.

Products Infrastructure
Products Infrastructure

Intel shares fall around 28% after weaker fourth-quarter outlook

Intel shares fell around 28% on Friday after the company forecast fourth-quarter revenue of $15 billion to $16 billion, below analysts' expectations of around $17 billion. TechCrunch reported that the decline cut the value of the government's Intel stake by $12 billion.