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Breaking news and updates from the world of technology.

AWS billing glitch shows some customers owing billions of dollars
Internet & Network

AWS billing glitch shows some customers owing billions of dollars

A malfunction in Amazon Web Services' billing computation system displayed wildly inflated charges to some customers on July 17, with one bill estimated at roughly $2.5 billion. Amazon says the numbers are wrong and a fix is still in progress.

TechCrunch
Amazoninternet infrastructure
AI inference startup borrows $400 million against chips instead of GPUs
Startups & Business

AI inference startup borrows $400 million against chips instead of GPUs

General Compute secured a $400 million loan from Upper90 using SambaNova inference chips as collateral — the first known deal of its kind, and a signal that AI infrastructure financing is starting to move beyond Nvidia GPUs.

TechCrunch
ai-infrastructurenvidia