Search results for AWS Graviton
AI & Enterprise
Arm says agent AI could more than quadruple datacentre CPU core demand
Arm CEO Rene Haas said the spread of agent AI is lifting datacentre CPU demand faster than Arm expected. Speaking at a Computex keynote, he said the number of CPU cores needed in datacentres could rise to more than four times the current level under the same power conditions. Haas said agent AI shifts workloads such as token management and execution to CPUs. Arm has entered the AI datacentre CPU market with its Arm AGI CPU.
AI & Enterprise
Snowflake soars 40 percent to recover year-to-date losses; AI chip supercycle expectations
Snowflake shares surged about 40 percent on May 28, recovering their cumulative decline since the start of the year in a single session. The AI data cloud company posted results that beat market expectations and said it signed a $6 billion long-term contract with Amazon Web Services. Revenue rose 33 percent to $1.39 billion, while adjusted earnings per share topped forecasts. Snowflake raised its fiscal 2027 annual product revenue guidance to $5.84 billion.
AI & Enterprise
AWS adds big Graviton CPU customer as Snowflake signs $6 billion five-year deal
Snowflake will spend $6 billion over the next five years on Amazon Web Services’ in-house Arm-based Graviton CPU chips, the Wall Street Journal reported on May 27. Graviton, unveiled in 2018, is used to run data centre servers and AI systems. The deal makes Snowflake one of AWS’s biggest CPU-based computing customers. Snowflake shares jumped about 30 percent in after-hours trade after the announcement.
