Jennifer Chronis joined AWS, which focuses on the Defense Department market, and she previously held an executive role at IBM.

The entities involved

• Amazon Web Services →

  subsidiary of Amazon that provides on-demand cloud computing platforms on a metered pay-as-you-go basis

  • Amazon is leveraging AI and strategic shifts to reduce operational costs and launch a new efficiency platform for AWS.Mon 16:07
  • Amazon and Google began construction of data centers in Montgomery County, Missouri, amid resident opposition.Mon 08:36
• IBM →

  American multinational technology corporation

  • Royal Bank of Canada reaffirmed an outperform rating.Mon 07:34
  • MarketBeat lists several companies, including Nokia, IBM, Astera Labs, Marvell Technology, and Vertiv, as infrastructure stocks to watch today.Mon 01:04

Related events

• Amazon and AWS are key players in the AI infrastructure build-out, utilizing TSMC chips.Sep 14
• AWS and Amazon launched a collaborative agreement with Columbia University for research support.Sep 10
• AWS announced partnerships in the financial services sector with both Goldman Sachs and HSBC.Sep 4
• BlackRock is identified as one of the top institutional shareholders of Amazon Web Services.Sep 9
• Amazon's financial health is heavily reliant on AWS, while the company navigates market shifts as a leading retailer and outlines future strategy regarding AI and capital expenditure.Aug 16