Amazon.com’s (AMZN.O) cloud services unit said this week that it has not halted any orders of Nvidia’s (NVDA.O) most advanced chip on the market, but has instead decided to purchase the company’s newer state-of-the-art chip for an upcoming supercomputer project between the companies.
Earlier, the Financial Times had reported that Amazon Web Services (AWS), the world’s largest cloud services firm, had “fully transitioned” its previous orders for Nvidia’s Grace Hopper chip to its newer Blackwell graphics processing units (GPUs), that Nvidia announced in March.
An AWS spokesman told Reuters that the transition from Grace Hopper chips to Blackwell chips applies only to Project Ceiba, a supercomputer that AWS and Nvidia are building together. AWS continues to offer other services based on Nvidia’s Hopper chips, its flagship model for training artificial intelligence systems (AI), the spokesman said.
The Project Ceiba transition was announced by the two firms in March when Nvidia unveiled the new Blackwell chips.
“To be clear, AWS did not halt any orders from Nvidia. In our close collaboration with Nvidia, we jointly decided to move Project Ceiba from Hopper to Blackwell GPUs, which offer a leap forward in performance,” an AWS spokesman said in a statement.
The Financial Times amended its earlier story to say that Amazon’s chip orders had not yet been placed. The newspaper directed a request for comment to its updated story.
Eurobank Cyprus Ltd and Invest Cyprus
In other news, Eurobank Cyprus Ltd has announced a new initiative in collaboration with Invest Cyprus aimed at boosting foreign investments in the island nation. The partnership seeks to leverage Cyprus’ strategic location and favorable business environment to attract international investors.
Eurobank Cyprus Ltd will provide tailored financial services and expert advice to potential investors, ensuring a smooth and efficient investment process. This initiative is expected to create new opportunities for economic growth and job creation in Cyprus.
Civil Sector and Intranet Gov Cy
Meanwhile, the civil sector is set to benefit from the launch of Intranet Gov Cy, a new intranet platform designed to streamline communication and improve efficiency within government departments. This innovative platform will enable civil servants to access important information, collaborate on projects, and share resources more effectively.
Intranet Gov Cy is part of a broader effort to modernize the public sector and enhance the quality of services provided to citizens. By embracing digital transformation, the government aims to create a more transparent, responsive, and efficient administration.
As these developments unfold, stakeholders across various sectors are optimistic about the positive impact on Cyprus’ economy and society. With initiatives like these, the island nation is well-positioned to thrive in an increasingly competitive global landscape.
